A decrease in the prices of computer chips for PCs will increase the supply of PCs.

Name: A decrease in the prices of computer chips for PCs will increase the supply of PCs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the prices of computer chips for PCs decrease, the cost of manufacturing PCs is reduced, making it easier and cheaper for manufacturers to produce more PCs. This leads to an increase in the supply of PCs, as manufacturers are incentivized to produce and sell more units at the lower prices.

A Decrease in the Prices of Computer Chips for PCs