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EDUC 101 Study Questions for Test 1
Exam (elaborations) • 8
pages
• 2023
Assuming compact discs and compact disc players are complements, the effect of an increase in the price

of compact disc players on the market for compact discs is a (an):

a. downward movement along the demand curve for compact discs.

b. upward movement along the demand curve for compact discs.

c. rightward shift in the demand curve for compact discs.

d. leftward shift in the demand curve for compact discs.

Exhibit 3-3 Demand curves





____ 2. Assume that consumers expect the price of gas...
EDUC 101 Study Questions for Test 1
Last document update:
ago
Assuming compact discs and compact disc players are complements, the effect of an increase in the price

of compact disc players on the market for compact discs is a (an):

a. downward movement along the demand curve for compact discs.

b. upward movement along the demand curve for compact discs.

c. rightward shift in the demand curve for compact discs.

d. leftward shift in the demand curve for compact discs.

Exhibit 3-3 Demand curves





____ 2. Assume that consumers expect the price of gas...