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

Economics - ND, Tuesday, June 9, 2009 at 12:06am
D
Economics - amber, Thursday, March 25, 2010 at 3:22pm
b
Economics - Anonymous, Thursday, March 25, 2010 at 3:23pm
b
Economics - Anonymous, Sunday, July 24, 2011 at 12:06pm
b

Answer this Question

Related Questions

ECONOMICS - suppose that DVD player producers find that they are selling more ...
Economics are these correct - Are these correct? Thanks, Answer is next to ...
economics - When demand falls and supply remains the same, equilibrium price ...
demand & Supply - If the demand for butter rises by 4% while the price of ...
Economic - 1.According to the law of demand, when the price of an item goes up, ...
dvd's - Is there any chance that any type or form of DVD will be considered ...
Economics - 1.Which of the following is consistent with the law of supply? a.As ...
Economics - Suppose a manager is interested in implementing third-degree price ...
economics - whats law of demand define satisfaction law of demand Definition If ...
Algebra - You go to the video store to rent 5 movies for the weekend. Movies ...

For Further Reading

First Name:
School Subject:
Answer: