Which of the Following Would Most Likely Cause the Demand

question 240

Multiple Choice

Which of the following would most likely cause the demand for inkjet printers to decrease?

• A) a decrease in consumer income
• B) an increase in the price of laser printers, a substitute for inkjet printers
• C) a decrease in the price of printer paper used with inkjet printers
• D) a decrease in the price of inkjet printer cartridges used in inkjet printers

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Definitions:

Nondurable Good

A product that is consumed or has a short life span, typically less than three years, such as food, fuel, or paper products.

Intangible Activities

Actions or processes that cannot be physically touched or measured, often associated with services, experiences, or intellectual properties.

Fitness

A state of health and well-being, often achieved through regular physical activity, proper nutrition, and adequate rest.

Marketing Class

An educational course that focuses on teaching the principles, strategies, and tactics of marketing to students.