Suppose That the Technology Used to Produce Computers Advances

question 405

Essay

Suppose that the technology used to produce computers advances. How does this change affect the supply of computers and the supply curve of computers?

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Definitions:

Educational Achievement

The accomplishment or attainment of academic goals, typically measured through grades, diplomas, and degrees.

Federally Sponsored

Programs or initiatives that are funded or backed by the federal government.

NAEP

The National Assessment of Educational Progress, which is a large-scale assessment conducted in the United States to measure the academic performance of students in various subjects.

Test

An examination or assessment intended to measure the test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics.