Solved

Suppose When the Price of Laptops Falls, University Students Buy

Question 31

Multiple Choice

Suppose when the price of laptops falls, university students buy more laptops.This implies that________.


A) there is a positive relationship between laptop prices and quantities purchased by university students.
B) there is a negative relationship between laptop prices and quantities purchased by university students.
C) there is a direct relationship between laptop prices and quantities purchased by university students.
D) there is a one-to-one relationship between laptop prices and quantities purchased by university students.

Correct Answer:

verifed

Verified

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

Related Questions