« previous next »

Author Question: Which of the following would cause a short-run decrease in the quantity supplied of personal ... (Read 18 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jul 1, 2018
Which of the following would cause a short-run decrease in the quantity supplied of personal computers?
 
  A) The price of CPUs decreases.
  B) The price of software decreases.
  C) The number of PC manufacturers decreases.
  D) The cost of manufacturing PCs decreases.

Question 2

If the income elasticity of hamburgers is -0.8 for John, then his share of income spent on hamburgers will ________ when his income increases.
 
  A) increase
  B) decrease
  C) remain the same
  D) Not enough information


jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

The characteristically small and relatively short-legged reindeer from Svalbard The characteristically small and relatively short-legged reindeer from Svalbard
Levels of Processing Affects Long-Term but not Short-Term Memory Levels of Processing Affects Long-Term but not Short-Term Memory
Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ... Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ...
The air pressure going to the nozzle should be reduced to 30 psi or less to help prevent personal ... The air pressure going to the nozzle should be reduced to 30 psi or less to help prevent personal ...
Personal care setting. Personal care setting.
United States, southwestern and southern states are suffer from a significant decrease in rainfall United States, southwestern and southern states are suffer from a significant decrease in rainfall
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library