Q.

The price charged by a monopoly hardware firm .

A. increases with consumers’ love for software variety parameter, α; consumers’ income, ω; and the number of consumers buying this machine, η
B. decrease with consumers’ love for software variety parameter, α; consumers’ income, ω; and the number of consumers buying this machine, η
C. increases with consumers’ love for software variety parameter, α; consumers’ income, ω; and decrease in the number of consumers buying this machine, η
D. increases with consumers’ love for software variety parameter, α; decrease in consumers’ income, ω; and the number of consumers buying this machine, η
Answer» A. increases with consumers’ love for software variety parameter, α; consumers’ income, ω; and the number of consumers buying this machine, η
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