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If the demand curve for computers increases?

Adh99 ∙

Lvl 1

∙ 12y ago

Updated: 10/24/2022

If the demand curve for computers increases:

إجابة

more will be purchased at each possible price.

more will be demanded at lower prices.

more will be demanded at the same prices.

less will be purchased at each possible price.

Wiki User

∙ 12y ago

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Q: If the demand curve for computers increases?

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Continue Learning about Economics

Is demand needed in equilibrium?

Yes. Equilibrium is created at the intersection of the Demand curve and Supply Curve. Equilibrium can be shifted if the Demand curve increases or decreases, and the same happens when the Supply curve increases or decreases. Without demand, you would just have a Supply curve.

If marginal revenue product capital increases the demand or supply curve?

Demand.

Why does price decrease as demand decreases?

It does not. If you follow the demand curve it shows that as price decreases, demand increases.

Demand curve of a giffen good?

A Giffen good is a good whose consumption increases as its price increases. (For a normal good, as the price increases, consumption decreases.) Thus, the demand curve will be upward instead of downward sloping.A giffen good has an upward sloping demand curve because it is exceptionally inferior. It has a strong negative income elasticity of demand such that when a price changes the income effect outweighs the substitution effect and this leads to perverse demand curve.

Relationship between Marginal revenue and Demand curve?

marginal revenue always lies behind the demand curve,and when demand increases marginal revenue also increases.demand curve is used to determine price of a commodity.

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Related Questions

Is demand needed in equilibrium?

Yes. Equilibrium is created at the intersection of the Demand curve and Supply Curve. Equilibrium can be shifted if the Demand curve increases or decreases, and the same happens when the Supply curve increases or decreases. Without demand, you would just have a Supply curve.

If marginal revenue product capital increases the demand or supply curve?

Demand.

What does the demand curve state?

As price (on the horizontal) increases, demand (on the vertical) will decrease.

Why does price decrease as demand decreases?

It does not. If you follow the demand curve it shows that as price decreases, demand increases.

Demand curve of a giffen good?

A Giffen good is a good whose consumption increases as its price increases. (For a normal good, as the price increases, consumption decreases.) Thus, the demand curve will be upward instead of downward sloping.A giffen good has an upward sloping demand curve because it is exceptionally inferior. It has a strong negative income elasticity of demand such that when a price changes the income effect outweighs the substitution effect and this leads to perverse demand curve.

Relationship between Marginal revenue and Demand curve?

marginal revenue always lies behind the demand curve,and when demand increases marginal revenue also increases.demand curve is used to determine price of a commodity.

Why demand curve slopes downward?

Demand curve is slope downward because of inverse relationship between price and quantity.

What is represented by a shift in the demand curve?

A shift in the demand curve shows either an increase or a decrease in demand. If more people suddenly start buying an item, their demand for it increases and the curve will shift. Likewise, if people stop buying a product the curve will also shift, but in the opposite direction.

Demand curve slopes downwards from left to right. this is the negative slope that shows the inverse relationship between price and demand. explain why does the demand curve slope downwards?

because demand decreases as price increases :)

How the slope of the demand curve can be explained by the principle of marginal utility?

The demand curve is negatively sloped because it is based on the principle of marginal utility and this utility decreases as consumption increases. The demand price which depends on the marginal utility of a good also declines as consumption increases, so quantity and price are inversely related, leading to the negative curve and the law of demand.

What does a downward sloping demand curve signify in economics?

A downward sloping demand curve in economics signifies that as the price of a good or service decreases, the quantity demanded by consumers increases.

What happens to price if the demand increases?

The price rise.With respect to classical economics (all things being equal) there are two possible situations which represent price increases:An increase in price due to supply side factors (generally the cost of inputs or the cost of labour) the supply curve increases (moves upwards) and intersects with the demand curve at a higher price. In this case the demand curve is not affected. Only the supply curve has risen.An increase in demand (due to changing market pressures). In this case the demand curve has increased (risen) and now intersect the supply curve at a higher position. In this case the demand curve is higher than it was previously.

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