Question:

Demand increase and Supply?

by Guest65515  |  earlier

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As more people buy computers, the demand for Internet service will increase and the price of an Internet service will decrease. The decrease in the price of an Internet service will decrease the supply of Internet services." Is this statement true or false? Explain your answer.

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2 ANSWERS


  1. In the long run, yes. In the short run it will have no effect on supply.


  2. if ever the service would decrease it would be temporary because these IT experts always anticipate a scenario in advance. they are geniuses out there.  it is enshrined with them the pro-active approach. don't be a worrier.

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