Other Things Being Equal, the Effect of a Decrease in the Price

question 174

Multiple Choice

Other things being equal, the effect of a decrease in the price of DVDs on the market for DVD players is a(n) :

• A) leftward shift in the demand curve for DVD players.
• B) upward movement along the demand curve for DVD players.
• C) rightward shift in the demand curve for DVD players.
• D) downward movement along the demand curve for DVD players.

---

Definitions:

Stakeholder Sources

Refers to the origins or categories from which a business or project's stakeholders come, including customers, employees, suppliers, and investors among others.

Public Sources

Information or materials that are available to the general public, often free of charge or for a minimal fee.

Marketer-dominated Source

Information or influence that comes from entities involved in promoting or selling products, often biased towards the benefits of the product.

Company's Website

is the online platform owned and managed by a business, providing information about its products, services, and other relevant details to stakeholders.