Asked by
Azzariah Newton
on Oct 12, 2024Verified
If the price of cameras rise,there will be a(n)
A) decrease in the demand for film.
B) increase in the quantity of cameras demanded.
C) increase in the demand for film.
D) None of the answers are correct.
Quantity of Cameras
The total number of cameras produced, held in inventory, or sold in a given period.
Demand for Film
Demand for film encompasses the desire and willingness of consumers to purchase and view cinematic productions, influenced by factors such as genre, cast, and reviews.
Price of Cameras
The amount of money required to purchase a camera, influenced by factors such as technology, brand, market demand, and production costs.
- Evaluate how complementary and substitute goods influence market movements.
Verified Answer
JC
Learning Objectives
- Evaluate how complementary and substitute goods influence market movements.