Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

Across the world, the film industry now spends more than $1 billion each year on effective anti-piracy measures, and it funds this by levies on DVD products. How would this be represented on a demand and supply diagram for the market in legally produced DVDs?

  • Ademand curve shifts left; supply curve shifts left
  • Bdemand curve shifts left; supply curve shifts right
  • Cdemand curve shifts right; supply curve shifts left
  • Ddemand curve shifts right; supply curve shifts right

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