Refer to the Graphs Shown

question 61

Multiple Choice

Refer to the graphs shown.The market is computers.Which graph best represents the impact of cheaper memory chips on the computer market?

• A)a
• B)b
• C)c

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Definitions:

Trade or Business

Activities conducted for the purpose of income or profit, engaged in consistently and regularly to qualify as deductible business expenses.

Copyright

Legal protection given to creators of original works, including the right to copy, distribute, and adapt the creation.

Schedule D

A tax form used to report capital gains and losses incurred during a specific year.

Form 4797

A tax form used to report the sale or exchange of business property.