Cheap handheld video cameras have revolutionized the hard-core adult pornography market. Previously, making movies requi

[answerhappygod]

Cheap handheld video cameras have revolutionized the hard-core
adult pornography market. Previously, making movies required
expensive equipment and some technical expertise. Today, anyone
with a couple hundred dollars and a moderately steady hand can buy
and use a video camera to make a movie. Consequently, many new
firms have entered the market, and the supply curve of pornography
movies has slithered substantially to the right. Whereas only 1,000
to 2,000 video pornography titles were released annually in the
United States from 1986 to 1991, that number grew to 10,300 in 1999
and 13,588 by 2005.18 Use a side-by-side diagram to illustrate how
this technological innovation affected the long-run supply curve
and the equilibrium in this market.