Ask a New Question
Menu

The price of DVD players (complement of DVDs in consumption) decreases. This causes the equilibrium price to __________ and the equilibrium quantity to __________ in the market for DVDs, ceteris paribus.

decrease; decrease
increase; increase
decrease; increase
increase; decrease

1 answer

increase; increase
Similar Questions
    1. answers icon 1 answer
  2. Which of the following is a determinant of supply?(1 point)Responses the price of a complement in consumption the price of a
    1. answers icon 3 answers
  3. Which of the following is a determinant of supply?(1 point)Responses the price of a substitute in production the price of a
    1. answers icon 1 answer
  4. Which of the following is a determinant of supply?(1 point)Responses the price of a complement in consumption the price of a
    1. answers icon 1 answer
more similar questions