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In January 1984 Apple Computer Released the Macintosh

question 47

Short Answer

In January 1984 Apple Computer released the Macintosh. The Macintosh is notable because it was the first commodity personal computer with a __________________.


Definitions:

Price Ceiling

A regulation that sets the maximum allowable price for a good or service to prevent prices from rising above a certain level.

Shortage

A market condition where the demand for a product exceeds the supply available at a specific price.

Minimum Wages

The lowest legal hourly pay that employers can offer to workers, intended to protect employees from unduly low earnings.

Federal Level

Pertaining to the national government, as opposed to state, local, or municipal levels, involving decisions, laws, and policies that affect the entire country.

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