Producers of tablet computers will be able to lower the wage rate that they pay to their workers. You are asked to predict the effects on the supply of tablet computers, and the price of a tablet computer. You predict that the supply curve shifts
A) rightward, and the price is constant.
B) leftward, and the price is constant.
C) rightward, and the price falls.
D) leftward, and the price rises.
Question 2
When the cost of producing a unit of a good decreases as its output rate increases, there are economies of
A) scale.
B) scope.
C) production.
D) size.
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