Question: Which of the following statements explains a decrease in the market equilibrium price for laptops? Question 7 options: An increase in consumer disposable income when
Which of the following statements explains a decrease in the market equilibrium price for laptops?
Question 7 options:
| An increase in consumer disposable income when laptops are inferior goods. | |
| A change in consumer tastes and preferences making cell phones more attractive. | |
| Improved technology that makes it less expensive to produce laptops. | |
| An expected increase in the price of laptops in the future. |
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