Consider the Market for New DVDs

question 151

Multiple Choice

Consider the market for new DVDs.If DVD players became cheaper,buyers expected DVD prices to fall next year,used DVDs became more expensive,and DVD production technology improved,then the equilibrium price of a new DVD would

• A)rise.
• B)fall.
• C)stay the same.
• D)could rise,fall,or remain unchanged.

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Definitions:

Cat 5E

An enhanced version of Category 5 cable, designed to support faster networks with a higher performance and reduced crosstalk.

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Electromagnetic waves used for wireless communication, transmitting audio, video, and data information across distances without requiring a physical conductor.

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A technology that uses thin, flexible fibers of glass or plastic to transmit light signals for high-speed data communication.

DSL

Digital Subscriber Line, a family of technologies that provide internet access by transmitting digital data over the wires of a local telephone network.