How is the market for digital photo printing paper affected by technological advancements in the production and quality of digital photography?
A)The demand curve for digital photo printing paper shifts to the right.
B)The demand curve for digital photo printing paper shifts to the left.
C)The supply curve for digital photo printing paper shifts to the right.
D)The supply curve for digital photo printing paper shifts to the left.

Question

Quizplus · Accepted Answer

Technological advancements in the production and quality of digital photography often increase the interest in printing high-quality photographs, thereby increasing the demand for digital photo printing paper. This is represented by a rightward shift in the demand curve.

How Is the Market for Digital Photo Printing Paper Affected