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

mrive3127

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

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

Edition: 19^th

Author: Miller

Read 42 times

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meigsfla

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More solutions for this book are available here

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mrive3127 Author

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5 years ago

Good timing, thanks!

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