All else held constant, the law of demand suggests that as rev: 05_02_2018 multiple choice the demand for tablets increases, the price of tablets will increase. income increases, the quantity of tablets demanded will increase. the price of tablets decreases, the quantity of tablets demanded will increase. the price of tablets decreases, the quantity of tablets demanded will decrease.

The price of tablets decreases, the quantity of tablets demanded will increase.

Explanation:

Other things remains constant, the law of demand states that there is a inverse relationship between the the price of a commodity and the quantity demanded for a commodity.

If there is an increase in the price of tablets then as a result the quantity demanded for tablets decreases and if there is a fall in the prices of tablets then as a result the quantity demanded for tablets increases.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

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