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Title: Positive technological change in the production of LCD televisions caused the price of LCD televisio Post by: Tidy on Jun 20, 2015 Positive technological change in the production of LCD televisions caused the price of LCD televisions to fall. Holding everything else constant, how would this affect the market for Blu-ray players (a complement to LCD televisions)?
A) The supply of Blu-ray players would increase and the equilibrium price of Blu-ray players would decrease. B) The demand for Blu-ray players would increase and the equilibrium price of Blu-ray players would increase. C) The demand for Blu-ray players would decrease because consumers could afford to buy fewer LCD televisions and Blu-ray players. D) The demand for Blu-ray players would increase and the equilibrium price of Blu-ray players would decrease. Title: Re: Positive technological change in the production of LCD televisions caused the price of LCD telev Post by: Smoooth on Aug 10, 2015 Content hidden
Title: Re: Positive technological change in the production of LCD televisions caused the price of LCD televisio Post by: Smoooth on Aug 31, 2015 No problemo :-]
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