Which of the Following Does NOT Increase the Supply of Personal

question 88

Multiple Choice

Which of the following does NOT increase the supply of personal computers,that is,does NOT shift the supply curve of personal computers?

• A) an advance in the technology used to produce personal computers
• B) an increase in the number of firms producing personal computer
• C) a fall in the cost of the components used to assemble personal computers
• D) a rise the price of a personal computer
• E) a change in the expected future price of a personal computer

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Definitions:

Statute of Limitations

A legal rule setting the maximum time period in which certain actions can be brought to court or certain rights enforced, after which claims are barred regardless of merit.

Undisputed Debt

The amount of money owed that is not contested or challenged by the debtor, accepted as due and payable.

Statute of Limitations

The law prescribing the time limit within which legal action must be brought for certain kinds of claims or rights to be enforced.

Illusory Promise

A statement that appears to be a promise but does not actually commit the promisor to any action, lacking enforceable obligations.