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If Sellers Decide to Sell More Calculators by Mass Producing

question 16

True/False

If sellers decide to sell more calculators by mass producing them and lowering the price so consumers will buy more,the supply and demand curves will both shift to the right.


Definitions:

Social Capital

Links among individuals in a particular society, aiding in the society's effective operation.

Personal Computers

Electronic devices designed for individual use, performing a wide range of tasks from word processing to complex computational problems.

Devil's Advocate

A person who adopts a contrary position for the sake of argument or to explore the validity of a perspective.

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