Illustrate think price and quantity of dvd players

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Reference no: EM1337024

Supply and demand

1. What do you think will happen to the price and quantity of DVD players if:

a. The availability of good movies to play on DVD players increases?

b. Personal income increases?

c. The price of imputs used to produce DVD players decreases?

d. Ticket prices at local movie theaters decline substantially?

 

Reference no: EM1337024

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