Suppose the Demand Curve for Desktop Computers Shifts Rightward and at the Same

question 99

Multiple Choice

Suppose the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward. Which of the following could have caused these shifts?

• A) Consumers purchased more computers because of the Christmas season, and the labour costs of producing desktop computers decreased.
• B) Desktop computers are a normal good and incomes increased, while the labour costs of producing personal computers increased.
• C) The price of a laptop computer, a substitute for desktop computers, fell and the cost of producing desktop computers decreased.
• D) Desktop computers are a normal good and incomes decreased, while the labour costs of producing personal computers increased.
• E) Desktop computers are a normal good and incomes increased, while more firms entered the market.

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Definitions:

Finals

The last exams or assessments in a course or academic term, determining a significant portion of a student's final grade.

Fundamental Attribution Error

The tendency to overestimate the effect of personality or disposition and underestimate the influence of situational factors when explaining others' behaviors.

External Situation

Circumstances or factors outside oneself that influence one’s behavior and actions, often beyond one's control.

Inner Traits

Inherent characteristics or qualities that contribute to an individual's personality and behavior.