ECO100 Knowledge Check 2 Latest 2018
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Question 
Question 1
Which of the following would reduce the supply of microcomputers?
A. a technological improvement that lowers the cost of producing the computers
B. higher wage rates for the workers that assemble the computers
C. a reduction in the price of computer chips used to produce the computers
D. a reduction in the price of computers.
Question 2
A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the hor...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 2 Latest 2018•ECO100 Knowledge Check 2 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Which of the following would reduce the supply of microcomputers?
A. a technological improvement that lowers the cost of producing the computers
B. higher wage rates for the workers that assemble the computers
C. a reduction in the price of computer chips used to produce the computers
D. a reduction in the price of computers.
Question 2
A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the hor...
Question 
Question 1
Which of the following would reduce the supply of microcomputers?
A. a technological improvement that lowers the cost of producing the computers
B. higher wage rates for the workers that assemble the computers
C. a reduction in the price of computer chips used to produce the computers
D. a reduction in the price of computers.
Question 2
A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the hor...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 2 Latest 2018•ECO100 Knowledge Check 2 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Which of the following would reduce the supply of microcomputers?
A. a technological improvement that lowers the cost of producing the computers
B. higher wage rates for the workers that assemble the computers
C. a reduction in the price of computer chips used to produce the computers
D. a reduction in the price of computers.
Question 2
A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the hor...
Question 
Question 1
Which of the following would reduce the supply of microcomputers?
A. a technological improvement that lowers the cost of producing the computers
B. higher wage rates for the workers that assemble the computers
C. a reduction in the price of computer chips used to produce the computers
D. a reduction in the price of computers.
Question 2
A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the hor...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 2 Latest 2018•ECO100 Knowledge Check 2 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Which of the following would reduce the supply of microcomputers?
A. a technological improvement that lowers the cost of producing the computers
B. higher wage rates for the workers that assemble the computers
C. a reduction in the price of computer chips used to produce the computers
D. a reduction in the price of computers.
Question 2
A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the hor...