Which of the Following Is Not True About the Mobile

question 17

Multiple Choice

Which of the following is not true about the mobile platform?

• A)Most smartphones use Microsoft's operating system, Windows Mobile.
• B)The number of cell phones worldwide exceeds the number of PCs.
• C)About a third of the world's cell phones are smartphones.
• D)Unlike PCs, smartphones do not need fans.

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Definitions:

Price Floor

A government- or authority-set minimum price that can be charged for a good or service, aimed at preventing prices from falling too low.

Equilibrium Price

A price level where the demand for a product matches the supply, ensuring that every buyer finds a seller and vice versa, leading to market stability.

Temporary Surplus

A situation where the supply of a product exceeds its demand for a short period of time.

Usury Laws

Usury laws are regulations governing the amount of interest that can be charged on loans, aimed at preventing exorbitant or unfair interest rates.