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Mildred and Robert are the only buyers in the market for DVDs.

Mildred buys 12 DVD's when the price of a DVD is $9, 9 DVD's when the price of a DVD Is $11, and 8 DVDs a month when the price of a DVD is $15.

Robert buys 18 DVDs a month when the price of a DVD is $9, 6 DVDs when the price of a DVD is $11, and zero when the price of a DVD is $15.

In the market for DVDs the quantity demand ______

a. increases as the price rises

b. increases as the price falls

c. at $11 a DVD is 6 DVDs a month

d. at $9 a DVD is less than the quantity demanded at $11 a DVD

e. at $11 a DVD is 9 DVDs a month

Macroeconomics, Economics

  • Category:- Macroeconomics
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