During the last decade, the price of a computer fell every year and the quantity sold increased every year. This experience suggests that the

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The decrease in price and increase in quantity sold is indicative of a shift in the supply curve to the right. This aligns with basic economic theory that as firms are able to produce goods more efficiently (such as with technological advancements in computer production), the supply curve will shift rightward leading to a decrease in price and an increase in quantity sold.

During the Last Decade, the Price of a Computer Fell