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
Chapter1: Making Economics Decisions
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Problem 1QTC
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![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
D) an increase in the number of firms producing personal computer
E) a rise the price of a personal computer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4c6c3461-7492-496f-98bc-6ef78f2648e2%2Fc0e3e5d9-7369-4101-b5c5-472bf08c03ac%2Fizoxgya_processed.png&w=3840&q=75)
Transcribed Image Text: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
D) an increase in the number of firms producing personal computer
E) a rise the price of a personal computer
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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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