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Marco Martinez
on Nov 04, 2024

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An increase in demand for laptop computers would likely be caused by

A) an increase in the price of a substitute good.
B) an increase in the price of laptop computers.
C) an increase in the price of a complementary good.
D) a decrease in the price of laptop computers.

Substitute Good

A product or service that consumers see as a viable alternative to another product, where an increase in the price of one leads to an increase in demand for the other.

Laptop Computers

Portable personal computers with a clamshell form factor, suitable for mobile use and equipped with a keyboard and a screen.

  • Examine how external influences like technological progress and global trade regulations affect market pricing.
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Koree ValenciaNov 08, 2024
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