Asked by
Deedee’s Laboratory
on Nov 30, 2024
Verified
Computers and computer software are complements.A decrease in the price of computers is likely to
A) decrease the demand for computers.
B) decrease the demand for computer software.
C) increase the demand for computers.
D) increase the demand for computer software.
Computer Software
Programs and operational information that run on computers, directing the computer's hardware to perform specific tasks.
Computers
Electronic devices capable of executing a set of instructions to perform various tasks, including processing, storing, and displaying information.
Price
The total of money that is predicted, demanded, or delivered in settlement for a product.
- Become familiar with the dynamics of how the pricing of goods and their complementary or substitutionary items affects market demand.
Verified Answer
SD
Learning Objectives
- Become familiar with the dynamics of how the pricing of goods and their complementary or substitutionary items affects market demand.