When Personal Computers Were First Produced,the Price Was Very High

question 181

Multiple Choice

When personal computers were first produced,the price was very high.As time passed,the price of personal computers fell because

• A) the demand for personal computers decreased.
• B) the initial price was too high and nobody bought personal computers.
• C) there were technological advances in the production of personal computers.
• D) people's incomes increased and personal computers are an inferior good.
• E) None of the above answers is correct.

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Definitions:

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A business tactic that involves distinguishing a product or service from competitors through unique features, quality, or customer service to attract a specific target market.

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The strategic approach to the effective management of people in a company or organization in a way that helps their business gain a competitive advantage.

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