Asked by ramon rodriguez on May 05, 2024
Verified
Assuming that tablets are normal goods,which factor will NOT increase demand for tablets?
A) an increase in the incomes of tablet users
B) cool new computer games that can only be played on tablets
C) a very large company that makes tablets going out of business
D) the price of laptop computers increasing
Normal Goods
Goods for which demand increases as the income of the consumer increases.
Tablets
Portable computing devices featuring touchscreens and offering a wide range of applications.
Incomes of Tablet Users
The earnings or revenue associated with individuals who use tablets, potentially examined for market research or demographic studies.
- Identify the distinctions among normal goods, inferior goods, substitute goods, and complementary goods.
- Examine the influence of external variables on the supply and demand for products.
Verified Answer
DA
Daniela Alanis De LeonMay 10, 2024
Final Answer :
C
Explanation :
A very large company that makes tablets going out of business would decrease the supply of tablets, not increase the demand for them. The other options would increase the demand for tablets.
Learning Objectives
- Identify the distinctions among normal goods, inferior goods, substitute goods, and complementary goods.
- Examine the influence of external variables on the supply and demand for products.