Suppose the Price of Compact Disks (CDs)increases,other Things Equal

question 146

Multiple Choice

Suppose the price of compact disks (CDs) increases,other things equal.Which of these is most likely to occur in the market for DVDs,a substitute?

• A)The demand for DVDs is likely to decrease.
• B)The demand for DVDs is likely to increase.
• C)The quantity of DVDs demanded is likely to increase.
• D)A decrease in the quantity of DVDs demanded is likely to decrease.
• E)A decrease in the quantity of DVDs supplied is likely to decrease.

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