Economy, asked by rajubhaitekari, 1 day ago

an increase in the price of computers will cause the demand for internet services to answer

Answers

Answered by Vishnurajeev
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.

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Answered by ayush7652051895sl
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.

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