asked 6.0k views
2 votes
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.

a) did not affect
b) increased
c) reduced

asked
User Dan Q
by
8.2k points

1 Answer

5 votes

Answer:

c) reduced

Step-by-step explanation:

The demand for digital cameras would fall because phones now have cameras. This would reduce opportunities in the digital camera market.

I hope my answer helps you

answered
User John McFarlane
by
8.3k points
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