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In the Personal Computer Industry, the Reason for the Fall

Question 2

Multiple Choice

In the personal computer industry, the reason for the fall in prices and the increase in quantity after 1980 was:


A) mainly a function of resource prices.
B) primarily due to technological change and an increase in the number of sellers.
C) a result of a dramatic decrease in U.S.wages.
D) a result of a dramatic decrease in foreign wages.

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