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1 year ago

assuming everything else stays the same, an increase in the price of laptop computers will of laptop computers.

1 answer:

8 0

An increase in the price of laptop computers will decrease the quantity demanded of laptop computers.(option b)

<h3>What is the impact of an increase in price?</h3>

The law of demand postulates that there is an inverse relationship between price and the quantity demanded of a good. This means that if price of the good increases, the quantity demanded of the good declines. If price declines, the quantity demanded increases.

Thus, if the price of laptop increases, the quantity demanded of the good would decline. Only changes in the price of a good affects the quantity demanded of that good.

Here are the options:

Assuming everything else stays the same, an increase in the price of laptop computers will _____ of laptop computers.

a. decrease the quantity demanded

b. increase the demand

c. increase the quantity demanded

d. decrease the demand

To learn more about the law of demand, please check: brainly.com/question/26546773

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3 years ago

A Swedish tour guide has devised a clever way for his clients to recognize him. He owns 13 pairs of shoes of the same style, cus

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Answer:

P(13,2) = 169

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there are 13 pairs from whcih she will take a single pair:

$P(n,r) = n^{r} \\$

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r = shoes = 2 (one on each foot)

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3 years ago

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Answer:

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In order to calcuate the balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 we would have to calculate the following formula:

Net balance=Investment made+share of net income-dividend

Investment made = $1,920,000

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Therefore, Net balance= $1,920,000 + $301,500 - $150,000

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The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

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3 years ago

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3 years ago

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Answer:

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