According to the Law of Supply, If the Price of Personal

question 133

Multiple Choice

According to the law of supply, if the price of personal computers increased, ceteris paribus,

• A)the quantity supplied of personal computers would not change.
• B)the quantity supplied of personal computers would decrease.
• C)the supply of personal computers would decrease.
• D)the quantity supplied of personal computers would increase.
• E)the supply of personal computers would increase.

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Definitions:

Argument

A set of statements or reasons given with the aim of persuading others that an action or idea is right or wrong.

Crime Scene

A location where an illegal act has occurred and evidence of the crime might be collected and analyzed.

Explanandum

The term explanatory in nature, referring to a statement or phenomenon that needs to be explained.

Hypothesis

A suggested theory put forward with minimal evidence as an initial step for more in-depth inquiry.