Since Their Introduction, Prices of Blu-Ray Players Have Fallen and the Quantity

question 76

Multiple Choice

Since their introduction, prices of Blu-ray players have fallen and the quantity purchased has increased. This statement

• A) suggests that the supply of Blu-ray players has increased.
• B) suggests that the demand for Blu-ray players has increased.
• C) constitutes an exception to the law of demand in that they suggest an upward-sloping demand curve.
• D) constitutes an exception to the law of supply in that they suggest a downward-sloping supply curve.

---

Definitions:

Separates

Items of clothing designed to be worn in combination with others but are sold individually, allowing for mix-and-match fashion choices.

Sebaceous Glands

Small oil-producing glands in the skin that secrete sebum to lubricate the skin and hair.

Milia

Tiny, white, keratin-filled cysts that form under the skin, often appearing on the face.

Lanugo

Fine, soft hair, especially that which covers the body and limbs of a human fetus or newborn.