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
Brand: Quizplus
Rating: 5.0 (49 reviews)

Question

Quizplus · Accepted Answer

When the price of a Dell computer decreases, consumers are more likely to purchase Dell computers instead of Apple computers, leading to a decrease in the demand for Apple computers, which are substitutes.

Consumers Regard Dell Computers and Apple Computers as Substitutes