Final Answer:
The statement suggests that the demand for DVD players has increased, thus the correct option is B.
Explanation:
According to the law of demand, there is an inverse relationship between price and quantity demanded of a product. This means that as the price of a product decreases, the quantity demanded increases and vice versa. In the case of DVD players, their prices have fallen and as a result, the quantity purchased has increased. This indicates that the demand for DVD players has increased.
To further explain this, we can look at the demand curve for DVD players. The demand curve shows the relationship between the price of a product and the quantity demanded at each price point. As the price of DVD players decreases, the quantity demanded increases along the demand curve. This is shown by a downward sloping demand curve. This is in line with the statement, which suggests that the demand for DVD players has increased.
Moreover, the statement also suggests that the supply of DVD players has increased. This is because when the demand for a product increases, producers tend to increase the supply of that product in order to meet the higher demand. This increase in supply can also contribute to the decrease in prices of DVD players.
In conclusion, the statement suggests that the demand for DVD players has increased. This is in line with the law of demand, which states that there is an inverse relationship between price and quantity demanded. The increase in demand can also lead to an increase in supply, resulting in lower prices for DVD players, thus the correct option is B.