SOLUTION: 2. Consider the supply of computers. For each of the following, state the effect on supply: a. A change in technology that lowers production costs b. An increase in the price of

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Question 466916: 2. Consider the supply of computers. For each of the following, state the effect on supply:
a. A change in technology that lowers production costs
b. An increase in the price of semiconductors
c. A decrease in the price of computers
d. An increase in the wages of computer assembly workers
e. An increase in consumer incomes


Answer by Big Poop(157) About Me  (Show Source):