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Natasha2012 [34]
3 years ago
10

Mildred and Robert are the only buyers in the market for DVDs. Mildred buys 5 DVDs when the price of a DVD is ​$6.00 ​, 4 DVDs w

hen the price of a DVD is ​$8.00 ​, and 2 DVDs a month when the price of a DVD is ​$10.00 . Robert buys 18 DVDs a month when the price of a DVD is ​$6.00 ​, 9 DVDs when the price of a DVD is ​$8.00 ​, and zero DVDs when the price of a DVD is ​$10.00 . In the market for​ DVDs, what do we know about the quantity​ demanded?
Business
1 answer:
Nookie1986 [14]3 years ago
8 0

Answer:

increases as the price falls

Explanation:

A. increases as the price rises

B .at $8.00 a DVD is 8 DVDs a month

C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD

D. increases as the price falls

E .at $6.00 a DVD is 4 DVDs a month

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

As price decreases, quantity demanded increases

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Answer: their domestic consumers are demanding

Explanation:

In Porter's Diamond Strategy, he explains why some nations are more competitive than others. One of the factors mentioned was the DEMAND CONDITIONS.

He posited that home demand has a huge influence on how favourable domestic industries are.

How?

A larger market at home presents companies with challenges as well as more opportunities to grow and become better and more efficient.

Striving to satiate such a demand will enable companies to scale new heights and they will learn more about consumer behavior much quicker. They will then use this knowledge to apply and conquer new markets thanks to being forced to adapt early by their own domestic market.

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