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-The Figure Above Shows the Market for IPods

question 158

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  -The figure above shows the market for iPods.Which of the following creates a movement from point A to point B? A)  A requirement that all students at universities have an iPod. B)  A decrease in the price of iPods. C)  A decrease in the price of Zunes, a substitute for iPods. D)  An increase in the price of iPods. E)  An increase in people's incomes.
-The figure above shows the market for iPods.Which of the following creates a movement from point A to point B?


Definitions:

Burritos

A Mexican dish consisting of a flour tortilla wrapped or folded around a filling typically including beans, cheese, and meats.

Income

The money received by a person or organization, typically in exchange for goods, services, or investments.

Total Utility

The complete satisfaction or pleasure a consumer derives from consuming a certain quantity of a good or service.

Marginal Utility

The extra pleasure a customer receives from using an additional unit of a product or service.

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