Question

If the demand for high-definition televisions increases, you can expect their price to

Answer 1

I would think increase seeing how they are in demand so that means very much wanted which means that would make them hustle and they would know that since people want their T.V's then they will buy them at a very very high price.

Answer 2

An increase in demand of high-definition televisions will lead to an increase in price of commodity.

What is demand?

It involves the williness an individual have to purchase or buy a particular products.

A producer always want the demand for it's produce to increase, which indicates acceptance.

But an increase rate of demand the price for a commodity increases.

Therefore, An increase in demand will lead to an increase in price of commodity.

Learn more on demand and supply here,

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