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13 November, 12:44

Suppose that sony decides to decrease the price of the blu-ray player, for which there are many blu-ray videos available. based on sony's decision, what can we infer?

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  1. 13 November, 14:18
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    If Sony decides to decrease the price of the Blu-ray player, for which there are many Blu-ray videos available. Based on this decision by Sony, we can infer that the quantity demanded of the Blu-ray player and videos will increase. The Blu-ray player quantity demanded will increase because the price is dropping on an already, popular item. The videos demanded will increase because there are more Blu-ray players being sold, so more people will be in the market for videos to watch.
  2. 13 November, 15:48
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    If the Sony decides to decrease the price of the Blu-ray player, for which there are many Blu-ray videos available. It can be inferred that the quantity of Blu-ray systems demanded will increase and the market demand for Blu-ray videos will increase.
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