Which of the following would increase the supply of laptop computers?

Question

Quizplus · Accepted Answer

A technological improvement that lowers the cost of producing laptop computers would increase the efficiency of production and result in a lower cost per unit, thereby increasing the supply of laptop computers. Higher wage rates for workers would increase production costs and decrease supply, an increase in the price of computer chips would increase production costs and likely decrease supply, and an increase in the price of laptop computers would incentivize producers to reduce supply to maximize profits.

Which of the Following Would Increase the Supply of Laptop