The effect of a decrease in the price of personal computers on consumer demand,other things constant,is most likely to be represented by a:

Question

Quizplus · Accepted Answer

A decrease in the price of personal computers, with other factors remaining constant, leads to an increase in the quantity demanded. This is represented by a movement along the demand curve to the right, not a shift of the demand curve itself. Shifts in the demand curve are caused by factors other than the price of the good itself, such as changes in income, preferences, or prices of related goods.

The Effect of a Decrease in the Price of Personal