The Graph Above Illustrates the Market for Computers

question 59

Multiple Choice

The graph above illustrates the market for computers.If the number of buyers of computers increases and technology advances,you predict that the

• A)equilibrium price of a computer will rise.
• B)equilibrium price of a computer will fall.
• C)equilibrium quantity of computers will increase.
• D)equilibrium quantity of computers will decrease.
• E)equilibrium quantity of computers might increase,decrease or not change.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Exclusivity Pricing Strategy

A pricing method where high prices are set due to the unique or exclusive nature of a product, targeting a specific segment of the market.

Cost Plus Pricing

A pricing strategy where a fixed percentage or amount is added to the cost of producing a product to determine its sale price.

Parallel Market

An unofficial market where goods are traded outside of the official channels, often at a different price point.

Dumping Strategy

A practice where companies sell products in foreign markets at prices lower than those in their domestic market, often to increase market share or unload surplus inventory.