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Author Question: Which of the following would most likely increase the demand for televisions? a. A decrease in the ... (Read 32 times)

Wadzanai

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on: Jun 30, 2018
Which of the following would most likely increase the demand for televisions?
 a. A decrease in the price of televisions.
  b. A decline in consumer income.
  c. A decrease in the price of home stereo systems, a substitute for televisions.
  d. A decrease in the price of DVD players, a product that is complementary with televisions.

Question 2

Which of the following would lead to an increase in the demand for computer software?
 a. A decrease in the price of computer software.
  b. A decrease in the price of personal computers.
  c. An decrease in the cost of producing computer software.
  d. An decrease in personal income.


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brittrenee

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Wadzanai

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Reply #2 on: Jun 30, 2018
Thank you :)


brittrenee

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Reply #3 on: Jun 30, 2018
Happy to help you


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