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Netflix has been on a spending spree for talent and content and is raising its monthly fees by $1 to $2, depending on the plan.
Netflix has been on a spending spree for talent and content and is raising its monthly fees by $1 to $2, depending on the plan. The number of subscribers continues to grow. Source: CNN Business, January 16, 2019 Does this news clip imply that the law of demand doesn't work in the real world? Explain why or why not. Question content area bottom Part 1 The news clip implies that the law of demand ______ work in the real world because ______. A. does not; as the monthly fee rises the quantity demanded of Netflix subscriptions decreases B. does not; economic models do not necessarily accurately predict events in the real world C. does not; as the monthly fee rises the quantity demanded of Netflix subscriptions increases D. does; "other things have not remained the same" as new content is decreasing the demand for Netflix E. does; "other things have not remained the same" as new content is increasing the demand for Netflix
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