[Answer] Which example illustrates the law of demand?

Answer: consumers buy more computers because prices have fallen

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Which example illustrates the law of demand? 6 Examples of the Law Of Demand - Simplicable The Law of Demand (With Diagram) - Economics Discussion Law of demand (article) | Demand | Khan Academy 5 Determinants of Demand With Examples and Formula If consumer tastes for electric cars increase over the next 10 years we will see an increase in the demand for electric cars higher electric car prices and an increase in the equilibrium quantity of electric cars . Sat Jul 27 2019 · Movies. If movie ticket prices declined to $3 each for example demand for movies would likely rise . As long as the utility from going to the movies exceeds the $3 price demand will rise … The following are illustrative examples of the law of demand. Prices Rise Demand Falls A global shortage of pineapples causes prices to rise from $304 a ton to $404 a ton. Which example illustrates the law of demand ? a. an increase in tuition encourages more students to enroll in college because the quality of education has risen b. consumers buy more personal computers because prices have fallen c. oil companies drill for new sources of oil because oil prices are higher Demand Increases Supply. More demand increases the price creating more supply. For example a television show talks about the health benefits of a particular fruit . Other media outlets pick up on the idea and a large number of people s...

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