IPods Rise in Price While CDs Fall in Price

question 193

Multiple Choice

iPods rise in price while CDs fall in price. The combined effect of these two changes is to create a

• A) rightward shift of the supply curve of portable CD players.
• B) rightward shift of the demand curve for portable CD players.
• C) leftward shift of the supply curve of portable CD players.
• D) leftward shift of the demand curve for portable CD players.

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Definitions:

Mayor

The elected head of a city, town, or other municipality, responsible for governing and representing the community.

Convey Warmth

To express feelings of kindness, friendliness, and genuine interest towards others in communication or action.

Reassurance

The act of removing someone's doubts or fears, often by providing comforting words or evidence.

Control

The power to influence or direct people's behavior or the course of events.