Holding everything else constant, a decrease in the price of tablet computers will result in:
A)a decrease in the quantity of tablet computers supplied.
B)a increase in the demand for tablet computers.
C)a decrease in the demand of tablet computers.
D)a increase in the quantity of tablet computers demanded.

Question

Quizplus · Accepted Answer

A decrease in price of tablet computers will make them more affordable, therefore increasing the quantity demanded by consumers. This will result in an increase in the quantity of tablet computers demanded.

Holding Everything Else Constant, a Decrease in the Price of Tablet