A company introduces a printer that does not require ink
cartridges. As a result, the price of printers that use ink
drops. What is another likely outcome?
(1 point)
The price of ink cartridges goes up.
The price of ink cartridges drops.
The demand for ink cartridges goes up.
The supply of ink cartridges drops.
The likely outcome in this scenario would be that the demand for ink cartridges goes down. Since the new printer does not require ink cartridges, people would no longer need to purchase them, leading to a decrease in demand. Therefore, the correct option would be: The demand for ink cartridges goes down.
