Register
Computer chips are a normal good. suppose the economy slips into a recession so that income falls. as a​ result, the demand for computer chips​ ________ so that the price of a computer chip​ ________.
130k views
1 vote
Computer chips are a normal good. suppose the economy slips into a recession so that income falls. as a​ result, the demand for computer chips​ ________ so that the price of a computer chip​ ________.

User Deniz Dogan
by
7.6k points

1 Answer

6 votes
Decrease, decreases.

The decrease in demand for computer chips leads to a leftward shift of the demand curve, which shows a decrease in price.
User Riccardolardi
by
7.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!