The Market Clearing Price of Computer Modems Has Just Decreased

question 280

Multiple Choice

The market clearing price of computer modems has just decreased. Which of the following could have caused this change?

• A) a decrease in supply at the same time that demand increases
• B) an increase in supply at the same time that demand decreases
• C) a decrease in supply with demand unchanged
• D) an increase in demand with supply unchanged

Recognize the importance and functions of preliminary parts of a report.

Acknowledge the role of credibility in research and report writing.

Differentiate between form reports and other types of reports.

Understand the strategic placement of limitations and scope in a proposal.

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Definitions:

Geologic Timescale

A system of chronological dating that relates geological strata to time, used to describe events in the Earth's history.

Paleozoic

An era of geologic time, spanning from approximately 541 to 252 million years ago, characterized by the early development of life on Earth, including the rise of fish, amphibians, and reptiles.

Precambrian

Relating to or denoting the earliest eon in the earth's history, which ended about 541 million years ago, before the Cambrian period.

Cenozoic

The most recent of the three major subdivisions of animal and plant life on Earth, covering the time from 66 million years ago to the present.