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:

Tranquilizers

Medications used to reduce tension or anxiety by depressing the central nervous system.

Physical Dependence

A physiological state of adaptation to a specific psychoactive substance, characterized by the onset of withdrawal symptoms when the substance is reduced or discontinued.

Drug Tolerance

A condition in which the user becomes progressively less affected by the drug and must take increasingly larger doses to maintain the same effect or high.

Drug Tolerance

A physiological state where the effectiveness of a drug decreases as a result of prolonged exposure, requiring larger doses to achieve the initial effect.