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nguyenduong67 nguyenduong67
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Suppose that in 2011, 4 million plasma TVs were purchased at $950 each, while in 2012, 3 million plasma TVs were purchased at $800 each. What might have caused this change?
A) Plasma TV manufacturing technology decreased.
B) Plasma TV manufacturing technology increased.
C) The price of LCD TVs (a substitute for plasma TVs) rose.
D) The price of LCD TVs (a substitute for plasma TVs) fell.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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nguyenduong67 Author
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7 years ago
Thanks for your help!!
Danivalda
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Yesterday
Thanks
dedricgard
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2 hours ago
this is exactly what I needed
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