Consumers Regard Dell Computers and Apple Computers as Substitutes

question 107

Multiple Choice

Consumers regard Dell computers and Apple computers as substitutes.If the price of a Dell computer decreases,the

• A)demand for Apple computers decreases.
• B)supply of Dell computers increases.
• C)demand for Dell computers decreases.
• D)demand for Dell computers increases.
• E)demand for Apple computers increases.

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Definitions:

Sectional Divisions

Regional disagreements and conflicts within a country, often based on economic, social, or political differences.

Munn v. Illinois

An 1877 U.S. Supreme Court case that upheld the power of state governments to regulate private industries in the public interest.

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.