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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

Describe how each of the following will affect the supply of 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 for the production of computers

(a)

To determine

Identify the changes in the supply of personal computers.

Explanation

The increase in wage rate decreases the supply of computer in the market because an increase in resources price (wage rate) re...

(b)

To determine

Identify the changes in the supply of personal computers.

(c)

To determine

Identify the changes in the supply of personal computers.

(d)

To determine

Identify the changes in the supply of personal computers.

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