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Between 2000 and 2015, Advances in PC Production Technology Increased

question 12

Multiple Choice

Between 2000 and 2015, advances in PC production technology increased the supply of PCs sharply. The demand for PCs also increased, but not nearly as much as the supply did. As a result, the price of a PC ________ and the quantity of PCs sold ________.


Definitions:

Trade Name

The brand name given to a product by the company that manufactures or markets it, as distinguished from its generic name.

Chemical Name

A term that provides the scientific and technical information about the chemical composition and molecular structure of a substance.

Hypochondriac

A person excessively worried about having a serious illness, often with no basis for such concerns.

Lumbar

Relating to the lower part of the back or the lower spine between the thoracic spine and the sacral region.

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