Technological Advancements Have Led to Lower Prices and an Increase

question 201

Multiple Choice

Technological advancements have led to lower prices and an increase in the sale of color laser printers.How does this affect the market for traditional inkjet printers?

• A)The demand curve for inkjet printers shifts to the right.
• B)The demand curve for inkjet printers shifts to the left.
• C)The quantity of inkjet printers demanded increases.
• D)The quantity of inkjet printers demanded decreases.

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