Solved

During the Last Decade, the Price of a Computer Fell

Question 328

Multiple Choice

During the last decade, the price of a computer fell every year and the quantity sold increased every year. This experience suggests that the


A) "law of demand" was definitely contradicted.
B) "law of supply" was definitely contradicted.
C) demand curve shifted rightward.
D) supply curve shifted rightward.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions