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Sam can easily determine that the price of the computer...

a) Is subject to inflation
b) Depends on its brand
c) Fluctuates with demand and supply
d) Includes taxes and shipping

User Brissmyr
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1 Answer

5 votes

Final answer:

A fall in demand is most likely to explain the lower prices in the computer market.

Step-by-step explanation:

The most likely shift in demand or supply that explains the lower prices in the computer market is a fall in demand.

To explain this on a demand and supply diagram, we can observe that a fall in demand would result in a leftward shift of the demand curve. This shift indicates that consumers are now willing to buy fewer computers at each price level.

As a result, the equilibrium price and quantity would both decrease, leading to lower prices and more computers being sold in the market.

User Merlina
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