Consumers Regard Dell Computers and Apple Computers as Substitutes

question 95

Multiple Choice

Consumers regard Dell computers and Apple computers as substitutes. If the price of a Dell computer decreases, the

• A)demand for Dell computers decreases.
• B)demand for Dell computers increases.
• C)demand for Apple computers increases.
• D)supply of Dell computers increases.
• E)demand for Apple computers decreases.

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Definitions:

Retirement Years

A phase of life typically after the age of 65, marked by the cessation of full-time work and engagement in leisure or voluntary activities.

Health

The state of being free from illness or injury, encompassing physical, mental, and social well-being.

Interact with Neighbors

The act of engaging in social, supportive, or communal activities with people who live in one's immediate vicinity.

Small Town

A community with a small population and limited urban development, often characterized by a close-knit social atmosphere.