What impact did the advent of online video rentals and streaming have on the in-store movie...

What impact did the advent of online video rentals and streaming have on the in-store movie industry? Use the demand and supply diagram to illustrate your answer. Pay attention to how the equilibrium quantity and price adjust. Make state all your assumptions. (What impact did the advent of online video rentals and streaming have on the in-store movie industry? Use the demand and supply diagram to illustrate your answer. Pay attention to how the equilibrium quantity and price adjust. Make state all your assumptions. (

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Rahul Sunny answered 2 years ago

Many movie consumers who used to rent DVDs are now patronising online video rentals, especially, streaming...

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