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Which of the following illustrates the law of demand?

a. An increase in tuition encourages more students to enroll in college because the quality of education has risen.

b. Oil companies drill for new sources because prices are higher.

c. Consumers buy more personal computers because prices have fallen.

d. Fewer people play golf because incomes are lower.

Respuesta :

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Answer:

The right answer is, C. Consumers buy more personal computers because prices have fallen.

Explanation:

the price and demand are indirectly proportional, that is, if the price of a good or service increases, therefore its demand will decrease and if the price decreases its demand will increase.

So the point that most illustrates this market activity is point C.

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