Consumers having more money to purchase computers will most likely result in

O a decrease in prices for computers and computer accessories

O an increase in prices for computers and computer accessories,

O a decrease in prices for computers, but not computer accessories,

an increase in prices for computers, but not computer accessories.

Question

Social Studies

Kinsley Franklin

2 April, 22:34

Consumers having more money to purchase computers will most likely result in

O a decrease in prices for computers and computer accessories

O an increase in prices for computers and computer accessories,

O a decrease in prices for computers, but not computer accessories,

an increase in prices for computers, but not computer accessories.

+1

Answers (2)

Know the Answer?

Rihanna Schmitt · Answer 1

either 2 or 4

Explanation:

if more people buy one thing, the price will go up.

if more people buy computers, the price will go up.

Roselyn Simon · Answer 2

The correct answer is B) an increase in prices for computers and computer accessories.

Consumers having more money to purchase computers will most likely result in an increase in prices for computers and computer accessories,

This statement is correct because, in a free-market economy, prices are established by the demand and supply, with minimum intervention of the federal government. So in this case, the more people buy computers and accessories, the more prices will arise. On the contrary, if fewer people are interested in buying this thing, the prices will be reduced.