Blank DVDs and Prerecorded DVDs Are Substitutes in Production

question 499

Multiple Choice

Blank DVDs and prerecorded DVDs are substitutes in production. An increase in the price of a blank DVD will lead to

• A) an increase in the supply of prerecorded DVDs.
• B) a decrease in the supply of prerecorded DVDs.
• C) a decrease in the quantity supplied of prerecorded DVDs but not in the supply of prerecorded DVDs.
• D) an increase in the quantity supplied of prerecorded DVDs but not in the supply of prerecorded DVDs.

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Definitions:

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A document or tool that provides information on the performance of an entity, project, or process against expected standards or targets.

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