In a competitive market, what impact should each of the following have on demand for portable music players? In each example, explain your reasoning.
(a) the creation of better, lower-cost gadgets to compete with music players
(b) a rise in the number of people and their incomes
(c) a significant increase in the quantity and quality of music available to players
(d) customer anticipation of significant increases in the price of music players

What effect should each of the following have upon the demand for portable music players in a competitive market? Explain your reasoning in each case.

A) The developement of improved, low-priced devices that compete with music players.

B) An increase in population and incomes.

C) A substancial increase in the number and quality of music for players

D)Consumer expectations of substancial price increases in music players.

What effect should each of the following have upon the demand for portable music players in a competitive market? Explain your reasoning in each case.

What effect should each of the following have upon the demand for portable music players in a competitive market? Explain your reasoning in each case.

(a) the development of improved, low-priced devices that compete with music players

(b) an increase in population and incomes

(c) a substantial increase in the number and quality of music for players

(d) consumer expectations of substantial price increases in music players