Question

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. supply of; leftB. demand for; rightC. supply of; rightD. demand for; left

Answer 1

Answer:

Option C

Explanation:

When this type of situation occurs where the price falls and the sale of a product increases then a shift is observed in the supply curve towards right as a result of this shift there is a need to shift down the demand curve

Thus When supply curve is shifted to the right the demand curve is moved down accordingly.