File-Sharing Programs Such as Napster,Kazaa,and IMesh Make It Possible for Individuals

question 11

Multiple Choice

File-sharing programs such as Napster,Kazaa,and iMesh make it possible for individuals to exchange music files over the Internet.On September 3,2003,Universal Music Group announced plans to reduce the wholesale price of music CDs it distributes by an average of 25-30 percent.Which of the following statements is correct regarding the combined effects of the development of file-sharing programs and Universal Music Group's price change in the market for new music CDs?

• A)The equilibrium quantity of CDs would increase; the effect on equilibrium price is uncertain.
• B)The equilibrium quantity of CDs would decrease; the effect on equilibrium price is uncertain.
• C)The equilibrium price of CDs would increase; the effect on equilibrium quantity is uncertain.
• D)The equilibrium price of CDs would decrease; the effect on equilibrium quantity is uncertain.

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Definitions:

Menopause

The period marking the end of a woman's reproductive years, characterized by the cessation of menstruation and marked hormonal changes.

Age-Related Changes

Natural transformations and modifications that occur in the human body as part of the aging process.

Orgasms

The climax of sexual stimulation, characterized by intense pleasure and release of sexual tension.

Sexual Abuse

Any non-consensual sexual activity or behavior imposed on one person by another.