nt, consider the appropriate change in quantity demanded or change in demand. Show this on the graph below by moving the cursor
to the new equilibrium point Tabitha gets a promotion and 15 percent increase in her salary and decides to reward herself by purchasing a new 3-D television Market for 3-D Televisions Price Quantity Click the graph and then use the arrows to move the graph cursor. Then click Check Answer All parts showing Clear As Check Answer OK
1 answer:
Answer:
in the explanation we can see the relationship between supply and demand.
Explanation:
The question is not clear, because some elements are missing. However, this is a situation where we want to describe the relationship between supply and demand for 3d TVs and how this varies if there is an increase in demand.
So let's analyze it in general terms.
Be D=Demand, E=equilibrium , P=Price, Q=Quantity.
Since Tabitha now earns more, she decides to buy a TV, then this increases demand (D2), which causes the equilibrium point (which in the graph corresponds to the intersection of the supply and demand curves) to change (E2). Thus, the higher the demand, the higher the price.
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