Which of the following would reduce the supply of computers? higher wage rates for the workers that assemble the computers a reduction in the price of computers a technological improvement that lowers the cost of producing the computers a reduction in the price of computer chips used to produce the computers
Which of the following would reduce the supply of computers? higher wage rates for the workers that assemble the computers a reduction in the price of computers a technological improvement that lowers the cost of producing the computers a reduction in the price of computer chips used to produce the computers
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 20QP
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![Which of the following would reduce the supply of computers?
O higher wage rates for the workers that assemble the computers
a reduction in the price of computers
O a technological improvement that lowers the cost of producing the computers
a reduction in the price of computer chips used to produce the computers](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F66f37f87-8fc3-4923-8365-be3c13d11511%2F48d2d858-b0eb-4c50-a39d-3aade51e4a1a%2Fuwk7d2i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following would reduce the supply of computers?
O higher wage rates for the workers that assemble the computers
a reduction in the price of computers
O a technological improvement that lowers the cost of producing the computers
a reduction in the price of computer chips used to produce the computers
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