89.4k views
4 votes
The popularity of digital cameras has enticed large discount stores like walminus−mart and costco to offer digital photo printing services. How does this affect the digital photo printing​ market?

1 Answer

5 votes

Answer: The supply curve for digital photo printing services shifts to the right.

Step-by-step explanation: The popularity of digital cameras has enticed large discount stores like walminus−mart and costco to offer digital photo printing services. As a result of this, there is an increase in the supply of digital photo printing services leading to a rightward shift in the supply curve. With demand unchanged this will lead to a fall in the equilibrium price of digital photo printing services and an increase in the quantity of digital photo printing services.

User Twinturbotom
by
8.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.