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When Graham is printing copies from the computer in the computer classroom,the paper keeps jamming in the machine.He takes the paper out of the paper tray,fans it,and then flips it over,so the other side of the paper feeds first.This is the way he solves similar problems on the photocopy machine at the office where he works.In this case,Graham's method of solving the problem is consistent with the problem-solving heuristic known as
Supply Of Calculators
The total quantity of calculators that manufacturers are willing and able to sell at various price levels, holding all else equal.
Lower Cost
Refers to the reduction in expenses required to produce goods and services, improving profitability.
Surplus
An amount of something left over when requirements have been met; in economics, it typically refers to excess supply over demand.
Shortage
A market condition whereby the request for a service or product goes beyond what is readily available.
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