Question

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the.

Answer 1

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the rise, ambiguous

What is personal computers?

Personal computers (PCs) are multipurpose microcomputers that are tiny, powerful, and reasonably priced for individual use. Personal computers are not intended for use by computer experts or technicians, but rather by average consumers. Like huge, expensive minicomputers and mainframes, personal computers do not use time-sharing by numerous users concurrently. Additionally, the phrase "home computer" was used, mostly in the 1980s and late 1970s.

In the 1960s, institutional or corporate computer owners had to create their own programs in order to carry out any useful work on their machines. The majority of these systems run commercial software, freeware (usually proprietary), or free and open-source software, despite the fact that users of personal computers can develop their own applications.

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