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wrote...
Posts: 67
Rep: 8 0
2 weeks ago

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.
Source  Download
Economics Today: The Micro View
Edition: 19th
Author:
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Answer verified by a subject expert
wrote...
Posts: 52
2 weeks ago
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Answer 1

an increase in the supply of computers

Answer 2

a decrease in quantity supplied.
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wrote...
2 weeks ago
Good timing, thanks!
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