1.Find the flaw in the following forecast; "In 2040, we predict that the demand curve for DVD players will continue to shift leftward which will tend to lower prices and quantity.However, with a lower price, supply will also decrease, shifting the supply curve to the left.A leftward shift of the supply curve tends to raise price and lower quantity sold.We conclude that as 2040 proceeds, quantity sold will decrease but the price of DVD players may either raise or fall."

What is the mistake in the logic in the forecast?Explain.