Answer:
quantity demanded of Blu-Ray disc players has decreased.
Step-by-step explanation:
The above is applicable to the law of supply which states that as other factors remain constant, the higher the price , the higher the quantity supply and vice versa. In other words, producer will be willing to supply more as prices of goods increases due to the sales revenue that will be available to them.
However, as in the above case, since there is an increase in supply, and a decrease in price, quantity demanded would also decrease because supply and demand are dependent on each other as a general rule.