During the 2000s, the Price of DVD Players Fell Each

question 107

Multiple Choice

During the 2000s, the price of DVD players fell each year and manufacturers of DVD players produced and sold more DVD players each year. This result is because the

• A) ʺlaw of supplyʺ does not apply to companies in the ʺhigh-techʺ sector of the economy.
• B) demand curve for DVD players shifted leftward.
• C) supply curve of DVD players shifted rightward.
• D) ʺlaw of demandʺ does not apply to customers in the ʺhigh -techʺ sector of the economy.

---

Definitions:

TNT

Trinitrotoluene, a yellow, odorless, explosive material used commonly as a high explosive.

Oxygen Balance

A concept in chemistry that calculates the degree to which an explosive compound can be oxidized, affecting its explosive properties.

Positive

Having a value of more than zero; often refers to electric charge associated with protons.

Oxygen Balance

A concept in chemistry that helps in assessing the degree to which an explosive can be oxidized; it measures the relative amounts of oxygen and combustible elements in a compound.