Ask Question
31 October, 17:45

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.

+3
Answers (2)
  1. 31 October, 20:37
    0
    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.
  2. 31 October, 21:08
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Consumers having more money to purchase computers will most likely result in O a decrease in prices for computers and computer accessories ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers