Business, 25.12.2019 02:31 mbonham481

The figure shows the supply and demand for online music. suppose that an economic downturn decreases household wealth and erodes consumer confidence. move the supply and/or demand curves to reflect the primary effect this would have on the market for online music. you can assume that online music is a normal good. also select the end result of equilibrium price and quantity.
1.equilibrium price
2.equilibrium quantity

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The figure shows the supply and demand for online music. suppose that an economic downturn decreases...