Multiple Choice
The Genius Software Company has developed an amazing new software package to be used only with Einstein Computers.As a result, the equilibrium price of
A) rival software packages falls leading to an overall increase in the equilibrium quantity of these packages.
B) all software packages rises.
C) Einstein computers rises, leading to a decrease in the equilibrium quantity.
D) Einstein computers rises, accompanied by an increase in the equilibrium quantity.
E) all computers rises.
Correct Answer:
Verified
Correct Answer:
Verified
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