Algebra-supply and demand

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Reference no: EM13119380

Consider the demand for computers. For each of the following, state the effect on demand:

a. An increase in consumer incomes.

b. An increase in the price of computers.

c. A decrease in the price of Internet services providers.

d. A decrease in the price of semiconductors.

Consider the supply of computers. For each of the following, state the effect on supply:

a. A change in technology that lowers production costs.

b. An increase in the price of semiconductors.

Reference no: EM13119380

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