Answer:
decline
Explanation:
Based on the scenario being described within the question it can be said that these types of firms are in the decline stage of the product life cycle. This stage refers to when a product has already passed it's peak potential and sales begin to decline until production is ultimately halted and the product dies off. Which is exactly what is happening to the LP's since everyone has moved on to digital downloads.
14.136 J as shown on the photo with two thought processes but overall same calculation
A- PRICE
B-QUANTITY
C-SUPPLY
D-DEMAND
E-EQUILIBRIUM POINT
Explanation:
It is the Supply Demand curve in Economics. It gives relationship between price and quantity