if demand drives prices up.why has electronic products got so cheap?

Answer 1

because... those electronic factories in china can produce more than the demand.

Answer 2

Because the more of something you have in a marketplace the less customers you have per unit. If there are less customers, sellers are more motivated to sell the product to them and the prices are reduced. As Electronics become easier to construct more manufacturers being to build them, producing more product and reducing their overall cost.
Given a constant customer base the greater the supply, the lower the demand.

Answer 3

A lot of competition. Fewer and fewer things are being made in the USA. Cheaper labor, etc., although they are bigger demands, does not mean that they cannot be mass produced at a very low price in other countries. Check out who made it, either China, Japan, etc.

Answer 4

Because Supply brings the prices down......... And for Electronic goods, supply exceeds demand these days........ This causes the Equilibrium Price to Fall down ............

Answer 5

at the beginning T- nagar is the area for procuring clothing & living house carry articles at low priced fee. For electrocnic products, you could pass to Richie highway close to needed previous to LIC. This place have been given all digital articles at low priced costs. the rather selection relies upon on what sort of issues you buys. For branded clothing Bigbazar & Megamart would be having provides around the twelve months. digital shops do have provides on festive seasons.

Answer 6

Supply has outgrown demand in a competitive market place. As production costs have dropped

Answer 7

Because competition drives prices down.

Answer 8

Over- supply lowers the price.

People want something so more companies make them, so the price comes down.

Answer 9

Probably because they are so cheap and easy to make nowadays.