Indicate how each of the following will affect the current supply (Increase supply or Decrease Supply) for personal computers. a) A rise in wage rates b) An increase in the number of sellers of computers c) A tax placed on the production of computers d) A subsidy placed on the production of computers

Principles of Economics 2e
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Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
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Problem 17P: If a 10 decrease in the price of one product that you buy causes an 8 increase in quantity demanded...
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3. Indicate how each of the following will affect the current supply (Increase supply or Decrease Supply) for personal computers.

a) A rise in wage rates

b) An increase in the number of sellers of computers

c) A tax placed on the production of computers

d) A subsidy placed on the production of computers

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