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-The Above Table Gives the Demand and Supply Schedules for Blu-Ray

question 183

Multiple Choice

  -The above table gives the demand and supply schedules for Blu-ray discs. Suppose that the price of a Blu-ray disc player increases, resulting in the demand for Blu-ray discs decreasing by 8,000 units at all prices. What are the new equilibrium quantity and equilibrium price of Blu-ray discs? A)  8,000 and $8 B)  16,000 and $16 C)  20,000 and $20 D)  28,000 and $28
-The above table gives the demand and supply schedules for Blu-ray discs. Suppose that the price of a Blu-ray disc player increases, resulting in the demand for Blu-ray discs decreasing by 8,000 units at all prices. What are the new equilibrium quantity and equilibrium price of Blu-ray discs?


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