Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Which of the following statements explains a decrease in the market equilibrium price for laptops? a

Which of the following statements explains a decrease in the market equilibrium price for laptops? a

Marketing

Which of the following statements explains a decrease in the market equilibrium price for laptops?

a. An increase in consumer disposable income when laptops are inferior goods.

b. A change in consumer tastes and preferences making cell phones more attractive.

c. Improved technology that makes it less expensive to produce laptops.

d. An expected increase in the price of laptops in the future.

Option 1

Low Cost Option
Download this past answer in few clicks

2.88 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE