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Other Fields Homework Help Economics Topic started by: mrive3127 on Mar 4, 2019



Title: Refer to the above figure. Moving from point A to point B indicates
Post by: mrive3127 on Mar 4, 2019

Question 1.

Which of the following is a likely result of the dramatic decrease in the price of microprocessor chips to computer manufacturers in the last two decades?

• a decrease in the supply of diskettes

• an increase in the quantity supplied of computers

• an increase in the demand for computers

• an increase in the supply of computers

Question 2.




Refer to the above figure. Moving from point A to point B indicates

• an increase in quantity supplied.

• a decrease in supply.

• an increase in supply.

• a decrease in quantity supplied.


Title: Refer to the above figure. Moving from point A to point B indicates
Post by: meigsfla on Mar 4, 2019
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Title: Refer to the above figure. Moving from point A to point B indicates
Post by: mrive3127 on Mar 4, 2019
Good timing, thanks!