An increase in the demand for MP3 music indicates that more is A) demanded because sellers are selling more MP3 music. B) purchased even if prices of MP3 music stay the same. C) purchased because sellers are putting MP3 music on sale. 20 MDO

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter5: Price Elasticity Of Demand And Supply
Section: Chapter Questions
Problem 16SQ
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An increase in the demand for MP3 music indicates that more is
OA) demanded because sellers are selling more MP3 music.
B) purchased even if prices of MP3 music stay the same.
C) purchased because sellers are putting MP3 music on sale.
D) demanded because MP3 music prices decreased.
Transcribed Image Text:An increase in the demand for MP3 music indicates that more is OA) demanded because sellers are selling more MP3 music. B) purchased even if prices of MP3 music stay the same. C) purchased because sellers are putting MP3 music on sale. D) demanded because MP3 music prices decreased.
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