The Table Given Below Represents the Supply Schedules of the Only

question 1

Multiple Choice

The table given below represents the supply schedules of the only three DVD producers in the market for DVDs.Table 3.2

-According to Table 3.2, if the supply schedules 1, 2, and 3 are the market supply schedules for DVDs in three different time periods, what could explain the change from the Supply 1 schedule to the Supply 2 schedule?

• A)A decrease in the price of DVDs
• B)A decrease in the cost of DVD players
• C)A change in consumer preferences
• D)A change in the average income of consumers
• E)An increase in the cost of producing DVDs

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