Question: Xcel is a company which assembles electronics parts to create music players for consumers (MP3s, car audio systems, etc.). The company recently received word that

Xcel is a company which assembles electronics

Xcel is a company which assembles electronics parts to create music players for consumers (MP3s, car audio systems, etc.). The company recently received word that one of its major suppliers of a central component was raising prices. Xcel faced several options, one of which was to try to raise prices for its products. If implemented, this option is most likely to Select one: O a. create greater price-based competition. b. affect movement along the demand curve. c. increase price inelasticity of demand. O d. force existing supplier to lower price. O e. result in shifting of the demand curve

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