As the price of a computer falls,overall
A)the marginal utility of computers rises
B)the total utility of computers falls
C)the total utility per dollar spent on computers falls
D)individuals would purchase fewer computers in equilibrium
E)individuals would purchase more computers in equilibrium

Question

Quizplus · Accepted Answer

As the price of computers falls, they become more affordable for individuals, resulting in an increase in demand, and thus individuals would purchase more computers in equilibrium.

As the Price of a Computer Falls,overall