Between 2000 and 2010, the Price of a PC Fell

question 172

Multiple Choice

Between 2000 and 2010, the price of a PC fell and the quantity of PCs sold increased. Which of the explanations below is consistent with these facts?

• A) The demand for PCs increased by more than the supply of PCs increased.
• B) The supply of PCs increased by more than the demand for PCs increased.
• C) The demand for PCs decreased by more than the supply of PCs increased.
• D) Both the supply of PCs and the demand for PCs decreased.

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Definitions:

Essential Attributes

Essential attributes or features that determine the essence of an entity.

Broadest Possible

Referring to the widest or most comprehensive scope or extent.

Meteorological Phenomenon

An observable event that is explained by the science of meteorology, such as storms, tornadoes, and rainfall.

Spectrum

A range of different positions, opinions, or conditions, often seen as a continuous series.