companies reveals that streaming video subscriptions and average stream video subscription prices have declined. How could this have possibly happened? Group of answer choices There was a decrease in demand and an increase in supply. There was a decrease in demand and no change in supply. There was no change in demand and an increase in supply. There was an increase in demand and no change in supply. There was no change in demand and a decrease in supply
companies reveals that streaming video subscriptions and average stream video subscription prices have declined. How could this have possibly happened? Group of answer choices There was a decrease in demand and an increase in supply. There was a decrease in demand and no change in supply. There was no change in demand and an increase in supply. There was an increase in demand and no change in supply. There was no change in demand and a decrease in supply
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
The latest data from streaming video companies reveals that streaming video subscriptions and average stream video subscription prices have declined. How could this have possibly happened?
Group of answer choices
There was a decrease in
There was a decrease in demand and no change in supply.
There was no change in demand and an increase in supply.
There was an increase in demand and no change in supply.
There was no change in demand and a decrease in supply.
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