To Access Internet Services, Consumers Must Use a Computer

question 294

Multiple Choice

To access Internet services, consumers must use a computer.If computer prices fall, what is the effect on the demand for Internet services?

• A) The demand for Internet services increases.
• B) The demand for Internet services decreases.
• C) The demand for Internet services remains unchanged.
• D) The demand for Internet services could either not change or decrease but definitely will not increase.
• E) The demand for Internet services could increase, decrease, or stay the same depending on other factors.

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Definitions:

Contribution

The sum left over after variable expenses are subtracted from total revenue, which helps in covering fixed expenses and producing profit.

Stockholder

An individual or entity that owns shares in a corporation, giving them ownership interest.

Payment

The transfer of money, goods, or services in exchange for a product, service, or debt repayment.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.