Question
Which of the following would increase the supply of high definition televisions (HDTVs)? Group of answer choices An increase in the wages of HDTV production
Which of the following wouldincreasethesupplyof high definition televisions (HDTVs)?
Group of answer choices
An increase in the wages of HDTV production workers.
An increase in the number of HDTV consumers.
An increase in the price of smartphones, assuming that HDTVs and smartphones are substitutes in production (and independent in consumption).
An increase in the monthly fee for video streaming services like Netflix, Disney+, Apple TV+, and Hulu, assuming that HDTVs and video streaming services are complements in consumption.
All of the changes listed for this question wouldincreasethesupplyof HDTVs.
A decrease in the price of smartphones, assuming that HDTVs and smartphones are substitutes in production (and independent in consumption).
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