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AnswersRelated An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? Answer b is correct because when price is decrease people increase there demand so quantity demanded increase to bought computers more
1 Crore+ students have signed up on EduRev. Have you? Correct Answer :- d Explanation : An increase in demand for computers and increase in number of sellers of computers will decrease the number of computers bought. This is because the supply and demand have increased and the quantity demanded will also increase to achieve equilibrium.
Related An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? I think its answer is option b, because the people thinking is that when the price decreases the people's are eager to take because the price is low that's why when price decreases the demand increses
Option a as it the effect on price is uncertain
Question Description Solutions for An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free. Here you can find the meaning of An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice An increase in the demand for computers and an increase in the number of sellers of computers willa)increase the number of computers boughtb)decrease the price but increase the number of computers boughtc)increase the price of a computerd)increase the price and the number of computers boughtCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests. Answer b is correct because when price is decrease people increase there demand so quantity demanded increase to bought computers more |