asked 73.2k views
1 vote
If the denand for high-definition television increases, you can expect their price to

Increase
Not change
Cut in half
Decrease

2 Answers

5 votes
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.
4 votes
It would increase (A)
answered
User One Guy Hacking
by
8.1k points

No related questions found

Welcome to Qamnty β€” a place to ask, share, and grow together. Join our community and get real answers from real people.