If the price of music downloads decrease, which of the following is most likely to occur? A. Quantity of music downloads demande
d will decrease B. Quantity of music downloads demanded will increase C. Demand of music downloads will increase D. Demand of music downloads will decrease
Suppose the price of music downloads decrease, this will lead to an increase in the quantity demanded of music downloads. This will be indicated by a downward movement on the same demand curve. This is because price and quantity demanded are inversely related.
An increase in the price, on the other hand, would have led to a decline in the quantity demanded indicated by an upward movement on the same demand curve.
