Suppose That Books Are Measured on the Horizontal Axis and CDs

question 40

Multiple Choice

Suppose that books are measured on the horizontal axis and CDs are measured on the vertical axis.As long as the law of demand holds for books,than an increase in the price of books will generate a price-consumption curve that traces a path:

• A) to the left.
• B) to the right.
• C) upward.
• D) downward.

---

Definitions:

Commuting

The act of traveling between one's home and place of work or study, typically on a regular, daily basis.

Programmer

A professional who writes, debugs, and maintains the source code of computer programs.

Interface Designer

A professional specializing in creating engaging user interfaces for software and websites, focusing on aesthetics and usability.