Which of the Following Is Not Likely to Change the Supply

question 78

Multiple Choice

Which of the following is not likely to change the supply of laptops?

• A) An increase in consumers' incomes
• B) A technological breakthrough that makes it much less costly to produce computer chips
• C) A decrease in the wage paid to electrical engineers
• D) An increase in taxes on computer chips paid by producers

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Definitions:

Option Contract

A contract which gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a specified time.

Financial Instruments

Contracts that give rise to both a financial asset of one entity and a financial liability or equity instrument of another entity.

Convertible Note

A financial instrument that can be converted into a specified number of shares of the issuing company at certain times during its life, usually at the discretion of the holder.

Derivative Instruments

Financial contracts whose value is derived from the value of an underlying asset, index, or interest rate.