Cell Phone Data Plans Are Most Useful When Used with a Smartphone

question 187

Multiple Choice

Cell phone data plans are most useful when used with a smartphone, and smartphones are most useful when used with a data plan. As the price of data plans falls, the demand for smartphones will:

• A) decrease, because smartphones and data plans are substitutes.
• B) increase, because smartphones and data plans are complements.
• C) decrease, because smartphones and data plans are complements.
• D) increase, because smartphones and data plans are substitutes.

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Definitions:

Semantic Memory

The type of declarative memory that stores general knowledge, or objective facts and information.

Retrieval Cues

Stimuli or signals that can trigger the recall of information stored in the memory.

Long-Term Memory

The stage of memory capable of storing information for an extended period, ranging from a few days to a lifetime.