If Improvements in Technology Have Reduced the Cost of Producing

question 301

Multiple Choice

If improvements in technology have reduced the cost of producing personal computers, you accurately predict that in the market for personal computers, there will be a(n)

• A) increase in the quantity supplied of personal computers, a reduction in the price, and an increase in the quantity demanded.
• B) increase in the supply of personal computers, a decrease in the price, and an increase in the quantity demanded.
• C) increase in the supply of personal computers, a reduction in the price, and an increase in the demand.
• D) decrease in the supply of personal computers, an increase in the price, and a decrease in the demand.

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Definitions:

Blood Warmer

A device used in medical settings to warm stored or donated blood to body temperature before transfusion to prevent hypothermia.

Antigen

A substance that the immune system recognizes as foreign and triggers an immune response against.

Computed Tomography

A sophisticated imaging technique that uses computer-processed combinations of many X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object, allowing for detailed inside views without cutting.

Packed Red Blood Cells

Concentrated red blood cells separated from whole blood, used in transfusions to restore oxygen-carrying capacity in patients.