Describe how each of the following will affect the demand for personal computers: a. A rise in income (assuming that computers are a normal good) b. A lower expected price for computers c. Cheaper software d. Computers that are simpler to operate

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 19QP
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  1. Describe how each of the following will affect the demand for personal computers:
    a. A rise in income (assuming that computers are a normal good)
    b. A lower expected price for computers
    c. Cheaper software
    d. Computers that are simpler to operate
     
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