In the Personal Computer Industry, the Reason for the Fall

question 37

Multiple Choice

In the personal computer industry, the reason for the fall in prices and the increase in quantity after 1980 was:

• A) mainly a function of resource prices.
• B) primarily due to technological change and an increase in the number of sellers.
• C) a result of a dramatic decrease in U.S.wages.
• D) a result of a dramatic decrease in foreign wages.

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Definitions:

Argument by Analogy

A form of reasoning that compares two different situations or things to draw a conclusion about their similarities.

Similarities

Refers to the aspects or characteristics that are alike or shared between two or more entities.

Analogies

A comparison between two things, typically for the purpose of explanation or clarification, showing similarities in some respects.

Wording

The choice and arrangement of words in a sentence or phrase.