Lcd tvs and blu-ray players are complements in consumption, Ask an Expert

Economics

LCD TVs and ?Blu-ray players are complements in consumption. Suppose the price of LCD TVs falls. How will this affect the market for? Blu-ray players?

A. The demand for? Blu-ray players would increase and the equilibrium price of? Blu-ray players would decrease.

B. The supply of? Blu-ray players would increase and the equilibrium price of? Blu-ray players would decrease.

C. The demand for? Blu-ray players would increase and the equilibrium price of? Blu-ray players would increase.

D. The demand for? Blu-ray players would decrease because consumers could afford to buy fewer LCD televisions and? Blu-ray players.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92000409

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