Ask Question
14 January, 15:42

Suppose the demand for personal computers increased while the cost of producing them decreased, then the quantity traded of personal computers will increase but the price could rise or fall.

A. True

B. False

+5
Answers (1)
  1. 14 January, 16:52
    0
    The correct answer is letter "A": True.

    Explanation:

    Given a certain market, If the demand for personal computers increases the price of personal consumers should increase. However, as the cost of producing computers decreased it implies its price should decrease which should increase the quantity demanded. What would happen eventually relies on other factors.

    Thus, under this scenario, the price could rise or fall.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose the demand for personal computers increased while the cost of producing them decreased, then the quantity traded of personal ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers