An increase in the price of electronic cash registers will

Question

Quizplus · Accepted Answer

If electronic cash registers are a complementary resource, which means they are typically used along with human cashiers, an increase in the price of electronic cash registers will likely reduce the demand for them. This is because it becomes more expensive for retail stores to use electronic cash registers, making it less cost-effective to employ human cashiers. Therefore, the increased price of electronic cash registers will reduce the demand for cashiers.

An Increase in the Price of Electronic Cash Registers Will