Which of the Following Shifts the Demand Curve for Movie

question 12

Multiple Choice

Which of the following shifts the demand curve for movie downloads rightward?

• A) A decrease in the price of cable television service
• B) An increase in the quantity and quality of programming included in the basic cable television service package
• C) A decrease in the price of downloading a movie
• D) A 10 per cent increase in people's income if movie downloads are a normal good

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Definitions:

Demand Factors

Various elements that influence the demand for a product or service, including price, consumer preferences, and economic conditions.

Pricing Margins

The difference between the cost of a product or service and its selling price, which is expressed as a percentage of the selling price.

Product Life Cycle

The stages a product goes through from introduction to growth, maturity, and decline in the market.

Lack of Competition

Occurs in markets where there are few competitors, potentially leading to higher prices and less innovation.