Helped by Desktop Publishing, the Number of Vintage Baseball Card

question 4

Multiple Choice

Helped by desktop publishing, the number of vintage baseball card forgeries has flooded the market for vintage baseball cards.Dealers left the market for fear of purchasing a phony.What was the effect on the market for vintage baseball cards assuming phonies cannot be detected?

• A)Demand shifted to the left, supply did not change, price declined, and quantity traded declined
• B)Supply shifted to the right, demand did not change, price declined, and quantity traded rose
• C)Supply shifted to the right, demand shifted to the left, and price rose
• D)Supply shifted to the right, demand shifted to the left, and price declined

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Definitions:

Organizational Synergy

The increased efficiency or performance that results when individuals or groups work together effectively within an organization.

Cultural Differences

Variations in the norms, values, beliefs, and practices among different cultures or societies.

Information Technologies

Refers to the use of computers and telecommunications equipment to store, retrieve, transmit, and manipulate data, often in the context of a business or other enterprise.

Desktop Videoconferencing Systems

Computer-based communication tools that enable individuals to conduct video meetings or calls from their desktops.