DVD-R and DVD+R Are Competing DVD-Recordable Formats

question 79

True/False

DVD-R and DVD+R are competing DVD-recordable formats.

---

Definitions:

Inferior Good

A good for which an increase in income reduces the quantity demanded

Good A

A placeholder term typically used in economic models to represent a generic item or service in the market.

Income Falls

A situation where an individual's or group's earnings decrease over a period of time.

Normal Good

A good for which an increase in income raises the quantity demanded.