What Happens to the Demand for Xbox Games If the Price

question 481

Multiple Choice

What happens to the demand for Xbox games if the price of an Xbox falls?

• A) The demand for Xboxes decreases because the price of a substitute falls.
• B) The demand for Xboxes increases because the price of a complement falls.
• C) The demand for Xboxes decreases because the price of a complement falls.
• D) The demand for Xboxes remains unchanged.

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Definitions:

Cenozoic

The most recent of the three major subdivisions of animal and plant life on Earth, covering the time from 66 million years ago to the present.

Mesozoic

The era of geologic time from about 252 to 66 million years ago, known as the "Age of Reptiles," including the Triassic, Jurassic, and Cretaceous periods.

Paleozoic

An era in the geological timescale, occurring between 541 million and 252 million years ago, characterized by the early development of abundant marine life and the first emergence of land plants and animals.

Eroded Away

The process by which rocks and soil are worn down by the action of water, wind, or ice, often resulting in altered landscapes.