Computer Chips Are a Normal Good

question 77

Multiple Choice

Computer chips are a normal good.Suppose the economy slips into a recession so that income falls.As a result,the demand for computer chips ________ so that the price of a computer chip ________.

• A) increases; rises
• B) increases; falls
• C) decreases; rises
• D) decreases; falls
• E) decreases; does not change

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Definitions:

Parenting Problems

Challenges and difficulties that arise in the process of raising children, which can include behavioral issues, communication barriers, and stress management.

Survive

Survive means to continue living or existing, especially in spite of danger or hardship.

As Singles

Refers to individuals not in a romantic relationship or marriage, often highlighting their social status or lifestyle.

Negative Effects

Adverse outcomes or impacts that result from a particular action, event, or situation, often leading to unintended or harmful consequences.