An expensive electronics store decides to lower the prices on all of its laptop
computers. According to the law of demand, what outcome can the
electronics store expect?
A) more customers will be interested in buying its laptops
B) The cost of buying laptops from his suppliers will go down
C) fewer customers would be interested in buying its
laptops
D) The cost of buying laptops from suppliers suppliers will go up

Respuesta :

Answer: A) more customers will want to buy laptops.

Explanation: According to the law of demand, as the price of a good increases, demand decreases. If the price of a good decreases, the demand increases.

More customers will be interested in buying its laptops is an outcome can the electronics store expect, According to the law of demand.

What is the law of demand?

According to the law of demand, demand decreases as prices rise, and demand increases as prices decrease.

For example, if the price of wheat rises then the demand of the rise is decrease and if the price of rice increase the demand of the commodity decrease.

Thus, option A is correct.

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