american consumers are not spending their money as freely as they have in the past as a result sales of personal computers have been affected. according to the dynamics of supply and demand what will happen to the price of computers? the price will

Question

Social Studies

Eden Stout

8 July, 10:56

american consumers are not spending their money as freely as they have in the past as a result sales of personal computers have been affected. according to the dynamics of supply and demand what will happen to the price of computers? the price will

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Answers (2)

Know the Answer?

Skyla · Answer 1

The price will fall, because a fall in demand causes a fall in the price.

Carla Stuart · Answer 2

The price will be reduced/fall

Explanation:

Based on the dynamics of supply and demand the lower the demand, the lower the price of the already supplied products and also the lower the supply will become as well.

The law of demand and supply is very simple in the case because the American consumers have stopped/reduce the rate of their spending power the supplier will have to reduce his/her price of goods and service in other to encourage them to buy off the products in the open market hence the price of the computer will be reduced/fall.