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:

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at fixed prices.

Risky Asset

A financial instrument or investment that has a high degree of uncertainty regarding its returns or potential for loss.

Standard Deviation

An indicator of the degree to which a collection of numbers diverges or spreads from their average, signaling the extent of the distribution from the central value.

Portfolio

A collection of financial investments like stocks, bonds, commodities, and cash equivalents, as well as their mutual, exchange-traded, and closed-fund counterparts.