an increase in the price of computers will cause the demand for internet services to answer
Answers
Answered by
0
Answer:
because of the expense
Explanation:
the internet services are mostly run by the computer itself
so increase in price with the computer means increase in demand with different services.
please mark my answer as brainliest
Answered by
0
Answer:
- The supply of Internet service increases as the price of Internet service rises, removing the scarcity.
- Conversely, an increase in the price of computers will cause the demand for internet services to decline.
Explanation:
- The demand and supply curves can move in response to changes in non-price factors such consumer income, expectations of suppliers and customers, the prices of related goods, and the costs of production inputs.
- As a result, the good's quantity and price are brought back to equilibrium.
- A basic tenet of economics is that when there is more supply than demand for an item or service, prices decline.
- Prices typically increase when demand outpaces supply.
- When demand is constant, the connection between supply and prices of products and services is inverse.
#SPJ2
Similar questions