jelsaislife6835 jelsaislife6835
  • 04-01-2020
  • Physics
contestada

Suppose that video game discs are a normal good. If the income of video game players​ increases, you predict that in the market for video games

Respuesta :

estryzy
estryzy estryzy
  • 04-01-2020

Answer:

Both equilibrium price and quantity will increase.

Explanation:

An increase in the income of video game players will surely lead to an upward shift in the supply and demand curve. This shift in the supply and demand curve would affect the equilibrium price and quantity positively leading to a correspondent increase in the equilibrium price and quantity.

Answer Link

Otras preguntas

What molecule is shown in this image?​
In your opinion what is the American dream?
Write the Iconic Bond to Metals (Mg) 2 8 ------> loses 2 Cl2. how would I write it out??? The question is write the ionic bond to metals 2 Mg (Atom Unstable)
what is inductive and deductive reasoning?
Which form of Greek literature was popular with medieval readers? A. Military conquests B. allegory C. Mythology D. Tragedy
Question 1: Solve the following equation for x. 4x−15+2x=x+20 x = Question 2: Solve the following equation for x. 2(2x−5)=20−x x= Question 3: Solve the follow
The interval shown here represents a _____. weak acid strong acid weak base strong base
Can someone write a 3 paragraph summary of the movie 'Mission Control: The Unsung Heroes of Apollo'. Make sure it includes a lot of information that is someone
what is tax money is used for?​
-216 divided by (-6)