Question content area top

Part $1$

LOADING...

Read Eye on Record

Stores.

Then answer the following question.

Question content area bottom

Part $1$

$$

As a result of the rise of Internet retailing of recorded$$ music, the small traditional record stores had$\_\_\_\_\_\_\_\_\_\_\_.$

$$

A$.$

a decreased supply of recorded music which resulted in their prices rising above Internet prices

B$.$

to use new technology which raised their average total cost

C$.$

to set their price equal to minimum average total cost

D$.$

to lower their price to$$ compete, which resulted in economic loss

Part $2$

Record stores decided to exit the market rather than shut down temporarily because$\_\_\_\_\_\_\_.$

A$.$

price fell below minimum average fixed cost

B$.$

price fell below minimum average variable cost

C$.$

they were incapable of providing music downloads

D$.$

consumers prefer to shop online