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:

Erie Canal

The Erie Canal is a significant historical waterway in New York, opened in 1825, which played a critical role in the commercial expansion of the United States by connecting the Great Lakes to the Atlantic Ocean.

Great Lakes

are a group of five large freshwater lakes in North America, forming the largest group of freshwater lakes in the world by total area.

Upper Midwest

The Upper Midwest refers to the northern central part of the United States, including states like Minnesota, Wisconsin, and Michigan, known for its distinct seasons and agricultural productivity.

Irish Migration

The movement of Irish people to other countries, notably to the United States in the 19th and early 20th centuries, often driven by famine and economic issues.