If the Price of CD Players Decreases,what Can We Expect

question 95

Multiple Choice

If the price of CD players decreases,what can we expect to happen in the market for compact discs?

• A)The equilibrium price of compact discs will fall
• B)The equilibrium price of compact discs will rise
• C)The equilibrium price of compact discs will stay the same
• D)None of the above

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A public university that is primarily funded by a state government.

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The process by which an individual acquires the right to a certain benefit or asset, often used in relation to pension plans and stock options.

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Expressions of approval or agreement.