contestada

Consider the market for new dvds. if dvd players became cheaper, buyers expected dvd prices to fall next year, used dvds became more expensive, and dvd production technology improved, then we could safely conclude that the equilibrium price of a new dvd would

a. rise.

b. fall.

c. stay the same.

d. we couldn't be sure what it might do.

Respuesta :

andybiersack154

i think the answer is d

The  the equilibrium price of a new DVD would fall. Thus, the correct option is B). Fall.

What is an equilibrium price?

The equilibrium price is that price ,at which the quantity demanded is equal to the quantity supplied.

It is the consumer cost that assigned to the product or service such that supply and demand are equal, or close to equal.

An equilibrium price is also known as a market-clearing price.

Learn more about an equilibrium price here:-

https://brainly.com/question/21329957

#SPJ2

Otras preguntas