Explore BrainMass

Explore BrainMass

    Algebra: supply and demand

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Consider the demand for computers. For each of the following, state the effect on demand:

    a.An increase in consumer incomes.
    b.An increase in the price of computers.
    c.A decrease in the price of Internet services providers.
    d.A decrease in the price of semiconductors.

    Consider the supply of computers. For each of the following, state the effect on supply:

    a.A change in technology that lowers production costs.
    b.An increase in the price of semiconductors.

    © BrainMass Inc. brainmass.com December 15, 2022, 7:44 pm ad1c9bdddf
    https://brainmass.com/math/basic-algebra/algebra-supply-demand-244692

    Solution Summary

    The expert finds how supply and demand related in several situations.

    $2.49

    ADVERTISEMENT