-Suppose That Initially the Market for DVDs Is at Point

question 149

Multiple Choice

-Suppose that initially the market for DVDs is at point A on demand curve D₂ in Figure 3-3.If the price of cassette tapes decreased,

• A) the demand curve will shift to D₃
• B) equilibrium will move to point B on demand curve D₁
• C) equilibrium will move to point C on demand curve D₁
• D) there will be no change from point A
• E) the demand curve will shift to D₂

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Definitions:

Catch Block

A section of code used to handle an exception that occurs in a try block in Java.

Finally Block

A block in Java exception handling that executes code after a try/catch block, regardless of whether an exception was caught.

Try Block

A code structure used in exception handling that encloses code that might throw an exception.

Exception

An event in programming that disrupts the normal flow of instructions, usually indicating an error or other unexpected condition.