In the Personal Computer Industry, the Reason for the Fall

question 37

Multiple Choice

In the personal computer industry, the reason for the fall in prices and the increase in quantity after 1980 was:

• A) mainly a function of resource prices.
• B) primarily due to technological change and an increase in the number of sellers.
• C) a result of a dramatic decrease in U.S.wages.
• D) a result of a dramatic decrease in foreign wages.