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Zigmanuir [339]
3 years ago
11

Maria wants to buy a computer, but will get it for a better price if she waits. The price will go down when more than one compan

y sells similar computers. Which of the following explains why the price will go down?
Social Studies
1 answer:
kvv77 [185]3 years ago
8 0
The price should go down as with more substitute products in the market, the price elasticity of demand will increase and business will react by getting the lowest price, this is in the future when Maria can buy her computer cheaper
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