prices of blue-ray players have fallen ad the quantity purchase has increase. This statement
prices of blue-ray players have fallen ad the quantity purchase has increase. This statement
Homework Answers
Ans: suggests that the supply of Blu-ray players has increased.
Explanation:
When supply of Blu-ray player increases, the supply curve shifts rightward. This leads to fall in equilibrium price and increase in quantity purchased.
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prices of blue-ray players have fallen ad the quantity purchase
has increase. This statement
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don't know the answer The price of computers has fallen substantially over the past two decades....
don't know the answer
The price of computers has fallen substantially over the past two decades. Use this drop in price to explain why the Consumer Price Index is likely to overstate substantially the cost-of-living index for individuals who use computers intensively. The Consumer Price Index (CPI) is likely to overstate substantially the cost-of-living index for individuals who use computers intensively because O A. the CPI uses a weighting system that gives less weight to goods whose prices have risen...
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don't know the answer
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