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You Have Found an Old Dusty Computer in Your Basement

question 2

Multiple Choice

You have found an old dusty computer in your basement that you can identify as an original IBM PC. You ask your friend if he knows what CPU was used in these computers. Which of the following represents a correct response to your question?


Definitions:

Price

The payment expected, demanded, or issued in compensation for something.

Demand Schedule

A diagram showing the volume of an item that shoppers intend and can afford to buy across a range of prices.

Income

The financial gain received by an individual or a business in exchange for providing a good or service or through investing capital.

Price

The amount of money required to purchase a good or service, determined by factors such as demand, supply, and production cost.

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