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13 March, 06:25

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

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Answers (1)
  1. 13 March, 07:36
    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.
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