(Solution Library) What is the effect on the price of a DVD p1ayer and the quantity of DVD players sold if The price of a DVD rises? The price of a DVD falls?


Question: What is the effect on the price of a DVD p1ayer and the quantity of DVD players sold if

  1. The price of a DVD rises?
  2. The price of a DVD falls?
  3. The supply of the DVD players increase?
  4. Consumers' income decrease?
  5. The wage rate of workers who produce DVD players increases?
  6. The wage rate of workers who produce DVD players rises and at the same time the price of a DVD falls?

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