Which of the following best explains the fact that computers are cheaper now than 10 years ago?
A) the price of computers has risen
B) laptops have become commonplace
C) The technology used in the production of computers has improved during this period.
D) Resources used in the production of computers have become more scarce during this period.
E) The demand for computers has increased substantially during this period.
Correct Answer:
Verified
Q121: Which of the following is true about
Q122: Q123: If the demand for a good increases Q124: If both supply and demand decrease and Q125: Suppose there is an increase in the Q127: If both supply and demand decrease and Q128: If both supply and demand decrease, which Q129: Which of the following is true about Q130: Equilibrium price is best described as the Q131: 
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