1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ser-zykov [4K]
3 years ago
5

The market for cell phones reaches equilibrium because cell phone sellers have an incentive: to decrease quantity and so do cell

phone consumers, so the price goes to to equilibrium. for prices to fall and some cell phone consumers only buy at higher prices, driving the price to equilibrium. to increase quantity and so do cell phone consumers, so the price goes to to equilibrium. for prices to rise and some cell phone consumers will not buy at higher prices, driving the price to equilibrium.
Social Studies
1 answer:
Bess [88]3 years ago
6 0

Answer:

By increasing the amount and so do cell phone consumers, so the price reaches equilibrium.

Explanation:

The law of supply and demand says that if the supply increases, the price or demand may decrease, and if supply decreases, the price or demand may increase. <em>And the reality is that today there is a great deal of supply and variety of cell phones with which a greater amount is acquired by consumers, bringing the price to its equilibrium. </em>

The number of consumers who can afford a high-end smart phone is less, and in reality it does not affect the equilibrium price much, even due to the fact that several consumers purchase cell phones in rental or credit plans.

You might be interested in
Which action by the federal reserve would most likely raise employment levels
nadya68 [22]
Adjusting the federal funds rate, the rate that banks charge each other for short- term loans, change stock prices, wealth, and currency exchange rates.
4 0
3 years ago
Why is the study of government as a subject necessary in school
KatRina [158]
Its Necessary Because It will help Be smart when it comes For You to be 18 And to be a good <span>citizen and make good Voting choices </span>
6 0
3 years ago
Choose the items that CORRECTLY describe the scandal known as the Yazoo Land Fraud.
klemol [59]

Answer:

the answer is 5 I think that because I do

3 0
3 years ago
Who does a United States senator represent and for how long do we elect each senator?
Darina [25.2K]

The Seventeenth Amendment to the U.S. Constitution:

The Senate of the United States shall be composed of two Senators from each State, elected by the people thereof, for six years; and each Senator shall have one vote.

this is from --> www.senate.gov

4 0
2 years ago
What is the best title for this graphic, which is about one method presidential candidates use to communicate with the public?
barxatty [35]

Another answer is B. News Coverage

7 0
3 years ago
Read 2 more answers
Other questions:
  • Brittany's dad puts her favorite stuffed elephant under the yellow blanket and no toy under the green blanket. brittany immediat
    15·1 answer
  • The immigrants coming from this particular country were almost all poor...
    9·1 answer
  • Considering the potential impact on others prior to making a decision is consistent with ________ behavior. legal anti-social et
    5·2 answers
  • Please help me ASAP thank u
    13·2 answers
  • In a communication model, the ________ is any force that can interfere with the communication process.
    10·1 answer
  • Which of the following was most important for French fur trades following Spain for pattern settlement- keeping Europeans goods
    10·1 answer
  • India, today, is producing
    5·1 answer
  • THIS IS LITERALY 100 points ill do brainliest if its helpful , please help
    11·1 answer
  • A destination that promises fresh air from its beaches or a scenic view of the mountains can send a sample.True or False​
    7·1 answer
  • Which sector has more contribution in 2016 2017 in economy of bangladesh ​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!