Question

ke/launchpp?course_assesment,id·46458. 1 &course,ida-161 92-1&conent_d_-975649, 1 &step rul Figure 4-20 The graph below pertains to the supply of paper to colleges and universbles Refer to Figure 4-20. All be equal, the return of colege shudents to campus in the tal would cause a move from oay to x O c xtoy QUESTION 47 Figure 4-4 r to Figure 4.4. Which of the following would cause the demand curve to shit rom Demand 8 to Damand C in the market for DVDs in the United States? O a a decrease in the number of people in the Ueted Stales O b a change in consumer preferences toward watching mevies in movle theaters rathee than at home O c a decrease in the price of DVD o d a decreasá in the price of DVD players Click Saie and Submit to save and subreit. Click Save All Ansuers to save all ansvers

Answer 1

- c) x to y

The return of students to the campus will increase the demand for papers. This will shift the demand curve to the right. New equilibrium will be reached where new demand curve and existing supply curve intersect. This point is represented by y.

- d) decrease in the price of dvd players.

Dvd players and dvds are complementary goods. Hence decrease in price of one will increase the demand for other goods.

Shift from B to C curve is an increase in demand which would take place with decrease in price of dvd players.