Consider the Market for New DVDs

question 151

Multiple Choice

Consider the market for new DVDs.If DVD players became cheaper,buyers expected DVD prices to fall next year,used DVDs became more expensive,and DVD production technology improved,then the equilibrium price of a new DVD would

• A)rise.
• B)fall.
• C)stay the same.
• D)could rise,fall,or remain unchanged.

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Definitions:

Torque Rods

Longitudinal rods in truck and bus suspension systems that help manage the alignment of the axle, prevent excessive movement, and assist in absorbing road shock.

Centerbolts

Fasteners used to secure leaf springs in a suspension system, aligning the springs with the axle.

Fiber-composite Leaf Springs

Vehicle suspension elements made from fiber-reinforced composite materials, offering durability and weight savings over metal springs.

Unsprung Weight

The weight of vehicle components not supported by the suspension system, including wheels, tires, and brake assemblies.