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Suppose adding cameras to cell phones caused the demand for cell phones to increase. As a result of this investment, cell phone producers sold more cell phones and earned more revenue. This investment most likely also _____ opportunities in the digital camera industry.

did not affect
increased
reduced

2 Answers

5 votes
It will reduced the opportunities in digital camera industry

If the cell phone producers produced more phone that already have camera in it, the consumers will be less likely to buy another digital camera,

and this will lower the revenue of Digital Camera's producers and reduced their opportunities
answered
User Bartu
by
8.7k points
5 votes

Answer:

reduced

Step-by-step explanation:

Since people had already a digital camera in their cellphones and everyone is buying a cellphone, the opportunities for the digital camera industry started to decrease since the demand for digital cameras was decreasing, since more and more people had a digital camera on their cellphones less people wanted to buy a digital camera.

answered
User Vasiliykarasev
by
9.2k points
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