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Which statement describes an economic impact of this technological advance? A) Consumer demand for compact discs has increased. B) Consumer demand for compact discs has decreased. C) The efficiency of downloading music has decreased. D) The number of stand alone music stores has increased.

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User JanDro
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1 Answer

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Answer: B) Consumer demand for compact discs has decreased.

Step-by-step explanation:

Due to technological advances made into the music industry as well as the way musicians promote themselves in current times, it has led to the decrease in the demand for music CDs (Compact Discs). Musicians release their singles (songs) by a digital platform on a digital format, eliminating the need for a physical store to sell discs which causes an economic impact because it is one more store that closes its doors, there is less jobs and less economic activity in general, less commerce.

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User BTB
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