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Author Question: The above figure shows the market for laptops. Which of the following causes a movement from B to A? ... (Read 18 times)

jman1234

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on: Jun 30, 2018
The above figure shows the market for laptops. Which of the following causes a movement from B to A?
 
  A) an increase in the number of laptop manufactures and sellers
  B) an increase in the price of laptops
  C) an increase in the productivity of the workers manufacturing laptops
  D) a decrease in the price of laptops
  E) an increase in the cost of hard drives

Question 2

Economic growth is a sustained expansion of production possibilities measured as the increase in ________ over a given period.
 
  A) capital per person
  B) population
  C) real GDP
  D) real GDP per person
  E) the standard of living


xthemafja

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


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