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mrive3127 mrive3127
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5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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meigsflameigsfla
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5 years ago
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mrive3127 Author
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#2
5 years ago
Good timing, thanks!
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