Which of the following does NOT increase the supply of personal computers, that is, does NOT shift the supply curve of personal computers? A) a change in the expected future price of a personal computer B) an advance in the technology used to produce personal computers C) a fall in the cost of the components used to assemble personal computers O D) an increase in the number of firms producing personal computer E) a rise the price of a personal computer
Which of the following does NOT increase the supply of personal computers, that is, does NOT shift the supply curve of personal computers? A) a change in the expected future price of a personal computer B) an advance in the technology used to produce personal computers C) a fall in the cost of the components used to assemble personal computers O D) an increase in the number of firms producing personal computer E) a rise the price of a personal computer
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 20QP
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Supply curve shows different combinations of price and quantity supplied. Price and quantity supplied are positively related.
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