-The Graph Illustrates the Market for Computers

question 104

Multiple Choice

-The graph illustrates the market for computers.If the number of buyers of computers increases and technology advances,you predict that the

• A) equilibrium quantity of computers will increase.
• B) equilibrium quantity of computers will decrease.
• C) equilibrium price of a computer will rise.
• D) equilibrium price of a computer will fall.
• E) equilibrium quantity of computers might increase, decrease, or not change.

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Definitions:

SAT

A standardized test commonly used for college admissions in the United States, assessing proficiency in critical reading, math, and writing.

WAIS

Wechsler Adult Intelligence Scale, a standard test used to measure an adult's intellectual and cognitive ability.

Stanford-Binet

An intelligence test designed to measure five factors of cognitive ability: fluid reasoning, knowledge, quantitative reasoning, visual-spatial processing, and working memory.

Intellectual Disability

A condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills.