Answer the following questions.
T 1. The supply of laptops with Core 2 Duo processors sharply reduced because of the introduction of Intel Core I series i3, i5, and i7, and consumers turn to these microprocessors as substitutes for Core 2 Duo. How would you illustrate this change in the computer processor-market in supply-and-demand terms?
2. In February, the price of
flowers rises and the quantity of flowers sold rises. Is this a violation of the lawof demand? Justify.