Answered

Find solutions to your problems with the help of IDNLearn.com's expert community. Discover comprehensive answers to your questions from our community of experienced professionals.

An expensive electronics store decides to lower the prices on all of its laptop computers. According to the law of demand, what outcome can the electronics store expect?

A. Fewer customers will be interested in buying its laptops.
B. The cost of buying laptops from its suppliers will go up.
C. The cost of buying laptops from its suppliers will go down.
D. More customers will be interested in buying its laptops.

Sagot :

GinnyAnsweridn

Final answer:

According to the law of demand, when an electronics store lowers prices on its laptops, more customers are expected to be interested in buying them.


Explanation:

The outcome the electronics store can expect according to the law of demand is:

  • More customers will be interested in buying its laptops.

This is because when prices are lowered, consumers typically want to buy more of the item, as per the law of demand.


Learn more about Law of Demand here:

https://brainly.com/question/32463907


We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.