Which of the following does NOT increase the supply of personal computers,that is,does NOT shift the supply curve of personal computers?
A) an advance in the technology used to produce personal computers
B) an increase in the number of firms producing personal computer
C) a fall in the cost of the components used to assemble personal computers
D) a rise the price of a personal computer
E) a change in the expected future price of a personal computer

Question

Quizplus · Accepted Answer

A rise in the price of a personal computer would not increase the supply of personal computers, as it would make it more expensive for firms to produce them and decrease the incentive for them to do so. Instead, it would shift the demand curve for personal computers, as consumers would be less likely to buy them at a higher price.

Which of the Following Does NOT Increase the Supply of Personal