Question: Computers are a complement to computer software. Suppose the price of a computer falls. How does this fall in price affect the demand for computer

  1. Computers are a complement to computer software. Suppose the price of a computer falls. How does this fall in price affect the demand for computer software and the demand curve for computer software?
  2. What is the difference between a normal good and an inferior good? Give an example of each.
  3. What are substitutes in production?

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