Intel Microchips Are an Input into a Computer

question 80

Multiple Choice

Intel microchips are an input into a computer.What happens to the demand for the microchips if the demand for computers decline?

• A)The quantity demanded of Intel microchips increases.
• B)The quantity demanded of Intel microchips declines.
• C)The demand for Intel microchips will increase.
• D)The demand for Intel microchips will decrease.
• E)There is no change in the demand for the Intel microchips.

---

Definitions:

Economic Profits

The difference between total revenue and the total costs (both explicit and implicit costs) of a company, indicating the surplus generated from business activities.

Savings Account

An account for holding deposits at a bank or another financial entity, ensuring the safety of the principal amount while offering a slight interest rate.

Annual Interest

The amount of interest due over the course of a year on borrowed capital or invested funds.

Accounting Profits

The difference between a company's total revenue and its explicit costs, not including opportunity costs.