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.
D
Economics
You might also like to view...
In colonial days, the wealth holdings among the colonists were
a. approximately equal to their incomes b. unequally distributed among the colonists c. about the same as in 1973 d. approximately zero because there was no appreciable accumulation of assets e. equally distributed among the colonists
Economics
A change in the income of buyers will normally change demand
a. True b. False Indicate whether the statement is true or false
Economics