119k views
5 votes
How does an increase in the price of laptop memory chips affect the market of laptops?

2 Answers

6 votes
How does an increase in the price of laptop memory chips affect the market of laptops? If there is an increase in the price of the laptop memory chips, it will increase the price of the laptops. If there is an increase in the price of the laptops, more than likely there will be a decrease in the amount of laptops purchased.
User Irfan Ganatra
by
5.8k points
4 votes
Yes it would affect the market for laptops.  The supply curve would shift to the left. 
User Chiara Hsieh
by
6.1k points