Question

Consumers having more money to purchase computers will most likely result in

O a decrease in prices for computers and computer accessories
O an increase in prices for computers and computer accessories,
O a decrease in prices for computers, but not computer accessories,
an increase in prices for computers, but not computer accessories.

Answer 1

increase in prices and computer accessories

Step-by-step explanation:

because it will be demanded so more buyers the more the price rises if more money to buy then its the same increase

Answer 2

The correct answer is B) an increase in prices for computers and computer accessories.

Consumers having more money to purchase computers will most likely result in an increase in prices for computers and computer accessories,

This statement is correct because, in a free-market economy, prices are established by the demand and supply, with minimum intervention of the federal government. So in this case, the more people buy computers and accessories, the more prices will arise. On the contrary, if fewer people are interested in buying this thing, the prices will be reduced.