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April 18, 2014

Homework Help: Economics

Posted by Yellow Bird on Wednesday, October 25, 2006 at 11:10pm.

Multiple Choice:
If the price of movies on video rises while the price of movies on DVD remains the same, the law of demand predicts that consumers will:
A) substitute movies on video for movies on DVD.

B) substitute movies on DVD for movies on video.
C) buy only movies on video.

D) buy only movies on DVD.


Take a shot.


B

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