Netflix subscriptions and Hulu Plus subscriptions are substitutes. Ceteris paribus, if the price of Hulu Plus subscriptions
Question:
Netflix subscriptions and Hulu Plus subscriptions are substitutes. Ceteris paribus, if the price of Hulu Plus subscriptions falls,
a. The demand for Hulu Plus subscriptions increases.
b. The demand for Netflix subscriptions increases.
c. The demand for Netflix subscriptions decreases.
d. The demand for Hulu Plus subscriptions decreases.
e. Both a and c.
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Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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