-The Figure Above Shows the Market for IPods

question 250

Multiple Choice

-The figure above shows the market for iPods.Which of the following shifts the demand curve from D0 to D1?

• A)a decrease in the price of Zunes,a substitute for iPods
• B)an increase in the price of iPods
• C)a requirement that all students at universities have an iPod
• D)a decrease in the price of iPods
• E)an increase in people's incomes

---

Definitions:

Nonnegotiable

Refers to instruments or documents that cannot be transferred or endorsed to another party as payment or settlement.

Finder

An individual who locates something that was lost and may have certain legal rights or obligations regarding its care or return.

Lost Property

Items that were unintentionally left or forgotten by their owner, where the owner is not known or cannot be found.

Original Owner

The first or initial owner of an item, property, or intellectual property right.