Consumers Regard Dell Computers and Apple Computers as Substitutes

question 166

Multiple Choice

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

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

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Definitions:

Regression Line

A line of best fit through a scatterplot of data points in statistical analysis, representing the relationship between an independent variable and a dependent variable.

Contestant

An individual who takes part in a competition or contest.

Game Winnings

The amount of money or prizes one receives from successfully competing in a game or contest.

Contestant

An individual who participates in a competition or contest, aiming to win or achieve a certain goal within the event.