Consumers regard Dell computers and Apple computers as substitutes. If the price of a Dell computer decreases, the

Name: Consumers regard Dell computers and Apple computers as substitutes. If the price of a Dell computer decreases, the
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Question

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When the price of a Dell computer decreases, consumers may switch from buying Apple computers to Dell computers, seeing them as more attractive due to the lower price. This would decrease the demand for Apple computers as they are substitutes.

Consumers Regard Dell Computers and Apple Computers as Substitutes