At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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. Fewer customers will be interested in buying its laptops.
B. The cost of buying laptops from its suppliers will go up.
C. The cost of buying laptops from its suppliers will go down.
D. More customers will be interested in buying its laptops.


Sagot :

Final answer:

According to the law of demand, when an electronics store lowers prices on its laptops, more customers are expected to be interested in buying them.


Explanation:

The outcome the electronics store can expect according to the law of demand is:

  • More customers will be interested in buying its laptops.

This is because when prices are lowered, consumers typically want to buy more of the item, as per the law of demand.


Learn more about Law of Demand here:

https://brainly.com/question/32463907