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Author Question: Which of the following would increase the supply of laptop computers? a. Higher wage rates for the ... (Read 17 times)

TVarnum

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on: Jun 30, 2018
Which of the following would increase the supply of laptop computers?
 a. Higher wage rates for the workers that produce laptop computers.
  b. A technological improvement that lowers the cost of producing laptop computers.
  c. An increase in the price of computer chips used to produce laptop computers.
  d. All of these.

Question 2

If the United Auto Workers union can obtain a substantial wage increase for auto workers, there will be a(n):
 a. decrease in the supply of automobiles, which is a shift to the right of the supply curve.
  b. decrease in the supply of automobiles, which is a shift to the left of the supply curve.
  c. increase in the supply of automobiles, which is a shift to the right of the supply curve.
  d. increase in the supply of automobiles, which is a shift to the left of the supply curve.


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whitcassie

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

b

Answer to Question 2

b


TVarnum

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Reply 2 on: Jun 30, 2018
Excellent

aliotak

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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