Which of the following is not likely to change the supply of personal computers?
A)An increase in consumers' incomes
B)A technological breakthrough that makes it much less costly to produce computer chips
C)A decrease in the wage paid to electrical engineers
D)An increase in taxes on computer chips paid by producers

Question

Quizplus · Accepted Answer

An increase in consumers' incomes affects demand, not supply. The other options directly affect the cost of production or the production process, thus impacting supply.

Which of the Following Is Not Likely to Change the Supply