Asked by
Derius Gibson
on Nov 05, 2024Verified
Firms stop producing DVDs and start producing Blu-ray discs because people prefer Blu-ray discs discs to DVDs. This will
A) make the distribution of outcome more equitable.
B) make the economy more stable.
C) improve efficiency.
D) make the economy less stable.
Blu-ray Discs
High-definition optical disc format used for data storage and as a medium for video playback.
DVDs
Digital Versatile Discs, a type of optical storage media used for playing movies, software, and other data.
Efficiency
Optimal allocation of resources to ensure the best possible outcome or utility with minimal waste or inefficiency.
- Understand the relationship between market stability, efficiency, and equity.
Verified Answer
SS
Learning Objectives
- Understand the relationship between market stability, efficiency, and equity.