What is the effect of the following events on the demand for Xbox One games and the quantity of Xbox One games? demanded, other things remaining the? same?
A. The price of an Xbox one falls
B. The expected future price of an Xbox one game falls
C. The prices of PS4 and Wii Upper U fall
D. Upper , a new game console comes onto the marker, which is a close substitute for Xbox one
Answer:
Event A: increases the demand for Xbox one games
Event B: decreases the demand for Xbox one games
Event C: decreases the demand for Xbox one games
Event D: decreases the demand for Xbox one games
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