Asked by
Hushan Dhanoa
on Oct 12, 2024
Verified
As the price of cameras increases
A) the demand for cameras will increase.
B) the demand for film will increase.
C) the demand for film will decrease.
D) the supply of cameras will increase.
Cameras
Devices used to capture images, either as still photographs or as moving images (videos), through the use of lenses and a recording medium.
Demand for Film
Refers specifically to the desire or willingness of consumers to purchase movies or cinema tickets at various price levels.
Price
The cash amount forecasted, required, or paid out for acquiring something.
- Comprehend the impact of price fluctuations of goods and their complements or substitutes on demand levels.
- Understand the concept of market demand and how it is derived from individual demands.
Verified Answer
GD
Learning Objectives
- Comprehend the impact of price fluctuations of goods and their complements or substitutes on demand levels.
- Understand the concept of market demand and how it is derived from individual demands.