Multiple Choice
Which of the following is one reason why, in early 2008, Microsoft announced a price cut on boxed copies of its operating systems Windows Vista Home Basic, Windows Vista Home Premium, and Windows Vista Ultimate in the Gulf region?
A) The demand for stand-alone Windows software is price elastic for less technology-enthusiastic consumers.
B) The demand for stand-alone Windows software is income inelastic.
C) Consumption of Microsoft products is decreasing.
D) Technology lovers have elastic demand on new software.
Correct Answer:
Verified
Correct Answer:
Verified
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