(SOLVED) Principles of Microeconomics XLS Gr

ag CourseDen Principles of Microeconomics XLS Gr... Course Home Content Communication Assessments Grades Resources / Tutoring Sble of Contents Testi > 2106 T1 5P 2021 A V 2106_T1_SP_2021 17. If the technology used to produce computers improves, then we would expect: b. a decrease in the supply of computers (that is, the computer supply curve shifts to the left). movement along the computer supply curve increasing the quantity supplied of computers. movement along the computer supply curve decreasing the quantity supplied of computers. an increase in the supply of computers (that is, the computer supply curve shifts to the right). c. d.

The answer is; D). an increase in the supply of computers (that is, the computer supply curve shifts to the right).

The increase in the number of firms that produce a given good will increase the market supply thus shifting the supply curve to the right. The increase in the number of consumers increases demand. Both the increase in input prices and in sales tax reduces the market supply which shifts the supply curve to the left.