Show in a diagram the effect on the demand curve

Reference no: EM133219706

Question: Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price, and the equilibrium quantity for the following cases:

Case 1 : According to the Pew Research Center for People and the Press, more and more people, especially younger people, are getting their news from online and digital sources. The majority of U.S. adults now own smartphones or tablets, and most of those Americans say they use them in part to get the news. From 2004 to 2012, the share of Americans who reported getting their news from digital sources increased from 24% to 39%. How has this affected consumption of print news media? (market: print news market)

Reference no: EM133219706

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