Suppose That the Demand Curve for Desktop Computers Shifts Rightward

question 252

Multiple Choice

Suppose that the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward.Which of the following could have caused these shifts?

• A) Desktop computers are a normal good and incomes increased, while more firms entered the market.
• B) The price of a laptop computer, a substitute for desktop computers, fell, and the cost of producing desktop computers decreased.
• C) Consumers purchased more computers because of the Christmas season, and the labor costs of producing desktop computers decreased.
• D) Desktop computers are a normal good and incomes increased, while the labor costs of producing personal computers increased.
• E) Desktop computers are a normal good and incomes decreased, while the labor costs of producing personal computers increased.

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Definitions:

Fraction

A mathematical expression representing a part of a whole, displayed as a numerator over a denominator.

Percentage

A numerical value representing a part of 100, signaled by a fraction or ratio.

Subtract

To take away a number or amount from another, leaving a difference.

Least Common Denominator

The smallest common multiple of the denominators of two or more fractions, used in addition and subtraction of fractions.