Question

While the personal computer industry is flooded and growing,

A. it faces a decline due to lack of innovation.
B. it experiences increased demand and competition.
C. it is becoming more exclusive and high-end.
D. it remains stagnant with no significant changes.

Answer 1

The computer market has seen a fall in demand, resulting in the sale of more computers at lower prices.

Step-by-step explanation:

In recent years, the computer market has seen a rapid increase in the sale of computers at lower prices. This outcome can be explained by a fall in demand. When there is a decrease in demand for computers, the suppliers will lower the prices to attract more buyers. This shift in demand is represented by a leftward shift in the demand curve on a demand and supply diagram.

The fall in demand can be attributed to factors such as market saturation, where most people already own a computer, and the rise of alternative devices like smartphones and tablets. Additionally, advancements in technology have led to longer-lasting computers, reducing the need for frequent upgrades.