Advances in technology have reduced the cost of manufacturing MP3 players. If demand does not change,

A. more MP3 players will be sold at a higher price.
B. fewer MP3 players will be sold at a higher price.
C. more MP3 players will be sold at a lower price.
D. fewer MP3 players will be sold at a lower price.

I think B...?

2 answers

I don't think so.

Yes, C. Do you understand why?

Similar Questions

my mind is going blank here..can someone chime in and help:If a new breakthrough in manufacturing technology reduces the cost of
1. 0 answers
If a new breakthrough in manufacturing technology reduces the cost of producing cricket bats by half, what would happen to the
1. 0 answers
Recent advances in technology have made vegetarian meals far cheaper to produce. Assuming that vegetarian meals and beef are
1. 1 answer
Recent advances in technology have made vegetarian meals far cheaper to produce. Assuming that vegetarian meals and beef are
1. 1 answer