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:

Microfinance

A type of banking service provided to unemployed or low-income individuals or groups who have no other access to financial services.

Financial Services

Economic services provided by the finance industry, including banks, insurance companies, investment funds, and more.

Traditional Banking

Banking services provided by physical bank branches, including deposit taking, lending, and other financial services.

Definitive Stakeholder

A key individual or group with a significant interest in or influence over the outcome of a project or business endeavor.