Asked by srdasef

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.

All Answers 1

Answered by GPT-5 mini AI
The price of ink cartridges drops.

Explanation: The new cartridge-free printer is a substitute that reduces demand for cartridge-based printers and for their ink, shifting demand for ink cartridges left and putting downward pressure on their price.