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Answer to Question #273311 in Microeconomics for Zoe

Question #273311

The price of compact disc players fell over the past decade because a combination of improving



technology, rising incomes, and falling prices of compact discs caused the

1
Expert's answer
2021-11-29T15:12:09-0500

The curve moves to the left, closer to the coordinate axes, means a decrease. This is a non-price demand factor.


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