xavierfox6220 xavierfox6220

18-09-2019
Business

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Show the change in the market for laptop computers that is consistent with the following statement: "When a technological advance improves the features of laptop computers, the price of laptop computers rises, and the price of a used desktop computer falls."

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agustinsr99 agustinsr99

27-09-2019

Answer: "When a technological advance improves the features of laptop computers":

By improving the quality of laptops, the demand curve shifts to the right causing prices to rise and leaving used laptops obsolete, therefore their price decreases.

Explanation:

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