If the Demand for Personal Computers Increases as the Result

question 1

Multiple Choice

If the demand for personal computers increases as the result of an increase in income, _____

• A) personal computers must be a normal good.
• B) personal computers must be an inferior good.
• C) personal computers must be a complementary good.
• D) the substitutes for personal computers must be inferior goods.
• E) the complements for personal computers must be inferior goods.

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Definitions:

Supply Chain

The complete sequence of processes involved in the production and distribution of a commodity, from the raw material supply to the final product delivery to the consumer.

Transportation Systems

The infrastructure and operations involved in transporting goods and people, including roads, railways, airways, and waterways.