Exam Questions On Economics Worksheet With Answer Key Page 5

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Use the following to answer question 10:
Figure: Four Markets for DVDs
10. (Figure: Four Markets for DVDs) Look at the figure Four Markets for DVDs. If D
or
1
S
is the original curve and D
or S
is the new curve, which of the graphs shows what
1
2
2
may happen in the market for DVDs if the cost of producing DVD players increases?
A) A
B) B
C) C
D) D
Page 5

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