Asked by Daniel Yoshuvayev on May 19, 2024

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You notice that the price of Blu-ray players falls and the quantity of Blu-ray players sold increases.This set of observations can be the result of the _____ Blu-ray players shifting to the _____.

A) demand for;right
B) demand for;left
C) supply of;right
D) supply of;left

Blu-ray Players

Electronic devices designed to play Blu-ray discs, which are capable of storing high-definition video and data.

Demand

The desire to own something and the ability to pay for it at a specific price.

Supply

The total amount of a product or service that is available for purchase at any given price level in a market.

  • Recognize how changes in input costs affect the equilibrium market.
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Victoria FitzmorrisMay 23, 2024
Final Answer :
C
Explanation :
A fall in price typically occurs due to an increase in supply, which indicates a shift in the supply curve to the right. As a result, the quantity demanded will increase, leading to an increase in the number of units of Blu-ray players sold. Thus, a fall in price and an increase in quantity indicate that the supply of Blu-ray players has increased.