-The Above Figure Shows the Market for Laptops

question 211

Multiple Choice

-The above figure shows the market for laptops.Which of the following shifts the supply curve from S? to S??

• A) an increase in the cost of hard drives
• B) an increase in the productivity of the workers manufacturing laptops
• C) a decrease in the price of laptops
• D) an increase in the price of laptops
• E) a decrease in the number of laptop manufactures and sellers

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Definitions:

Long-Term Assets

Assets that a company intends to hold for more than one year, including property, plant, and equipment.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the company's financial condition.

Current Ratio

Current ratio is a financial metric used to evaluate a company's ability to pay off its short-term liabilities with its short-term assets.

Quick Ratio

A measure of a company's ability to meet its short-term obligations using its most liquid assets, calculated as (Current Assets - Inventory) / Current Liabilities.