Technological Advances Have Resulted in Lower Prices for Digital Cameras

question 100

Multiple Choice

Technological advances have resulted in lower prices for digital cameras.What is the impact of this on the market for traditional (non-digital) cameras?

• A)The demand curve for traditional cameras shifts to the right.
• B)The supply curve for traditional cameras shifts to the right.
• C)The demand curve for traditional cameras shifts to the left.
• D)The supply curve for traditional cameras shifts to the left.

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Definitions:

Reactivity

An indicator of how easily a substance reacts chemically with different materials.

Benzenesulfonic Acid

An organosulfur compound with the formula C6H6SO3H; it's a strong acid used as a catalyst and in the production of detergents and synthetic resins.

Nitrobenzene

An organic compound constituted by a benzene ring bonded to a nitro group, used in the production of anilines.

Activator

A substance that increases the rate of a chemical reaction without being consumed, often by lowering the activation energy.