Assuming the most typical shapes of the demand and supply


Assuming the most typical shapes of the demand and supply curves, which of the following could lead to an increase in the current equilibrium price for personal computers?

a. a decrease is the price of computer chips

b. a decrease in buyers' incomes, assuming that computers are a normal good

c. a technological improvement that reduces manufacturing costs

d. expectations of a higher future price

e. an increase in the price of computer software

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Business Economics: Assuming the most typical shapes of the demand and supply
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