"As more people buy computers, the demand for Internet service will increase and the price of Internet service will decrease. The fall in the price of Internet service will decrease the supply of Internet service."
This statement is because
TRUE. When the demand for Internet service decreases, the supply of Internet service decreases too so that no shortage occurs.
FALSE. The increase in the demand for Internet service creates a shortage and to eliminate the shortage, supply decreases.
FALSE An increase in demand for Internet service does not decrease the price of Internet service, and a decrease in the price of Internet service does not decrease the supply of Internet service.
TRUE. When the demand for Internet service decreases, the supply of Internet service decreases so that the price of Internet service does not decrease.
TRUE. The decrease in the price of Internet service decreases the supply of Internet service to eliminate the shortage.
"As more people buy computers, the demand for Internet service will increase and the price of Internet service will decrease. The fall in the price of Internet service will decrease the supply of Internet service."
This statement is because
TRUE. When the demand for Internet service decreases, the supply of Internet service decreases too so that no shortage occurs.
FALSE. The increase in the demand for Internet service creates a shortage and to eliminate the shortage, supply decreases.
FALSE. An increase in demand for Internet service does not decrease the price of Internet service, and a decrease in the price of Internet service does not decrease the supply of Internet service.
TRUE. When the demand for Internet service decreases, the supply of Internet service decreases so that the price of Internet service does not decrease.
TRUE. The decrease in the price of Internet service decreases the supply of Internet service to eliminate the shortage.