Question

If the denand for high-definition television increases, you can expect their price to

Increase
Not change
Cut in half
Decrease

Answer 1

A classic case of supply and demand. If the demand for high-definition television increases, you can expect the price to also increase. If people really want an item, it’s likely that they would pay more for the popular item, since it is in such high demand.

Answer 2

It would increase (A)