Which of the following would most likely cause the current, Ask an Expert

Economics

Which of the following would most likely cause the current demand for video cassette recorders VCRs to fall?

A. an increase in consumer income

b. an increase in the price of VCRs

c. an increase in the price of laser disc players, a substitute good

d. the expectation that the price of VCRs will decrease sharply during the next six months

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M968258

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