How does the decreasing use of traditional cameras affect the market for traditional camera film?
A) The quantity of traditional camera film demanded decreases.
B) The demand curve for traditional camera film shifts to the right.
C) The demand curve for traditional camera film shifts to the left.
D) The quantity of traditional camera film demanded increases.
C
You might also like to view...
Economist David Ricardo argued that rent
a. is unethical b. would be higher if the country opened its doors to international trade c. determines the value of the goods produced with the asset d. depends on price and not, as commonly thought, price depends on rent e. can only be earned on land
A macroeconomist would concentrate on which of the following issues?
a. the price of pizzas b. the profits of the IBM Corporation c. the unemployment rate in Germany d. the market for hot dogs
Which of the following does not contribute to an increase in productivity?
A. Research and development. B. Income transfers. C. Capital investment. D. Improvements in the quality of labor.
A fiduciary monetary standard exists when the value of a currency
A. cannot be determined. B. increases with inflation. C. depends upon the public's confidence that the currency can be exchanged for goods and services. D. is convertible to a fixed quantity of gold.