Redbox rents DVDs. Other things constant, which of the following would likely increase the demand for their DVDs?
A) A rise in the cost of going to the movies
B) A fall in the price of DVD players
C) A fall in the price of Redbox DVD movie rentals
D) Both A and B
D
You might also like to view...
The expenditure approach to measuring GDP includes firms' spending on wages
Indicate whether the statement is true or false
Which would be considered a real burden of the public debt on the domestic output of the United States? Public debt that is held by:
A. foreign corporations. B. the Federal Reserve System. C. U.S. citizens. D. domestic corporations.
The long run for a business is a period of time
A. when most inputs are variable. B. when all inputs can change. C. when labor is the only input used by the business. D. longer than a year.
When an external cost exists that is NOT taken into account in the production of a product,
A. the level of output is too low, and the supply curve should shift to the right to account for the externality. B. the level of output is too high, and the supply curve should shift to the left to account for the externality. C. the price of the product is too high, and production should be expanded to lower the price. D. the level of output is optimal, and there should be no change in the supply curve.