scenario variable causing a change in supply increase or decrease in supply new technology makes apple…
scenario variable causing a change in supply increase or decrease in supply new technology makes apple computers easier to make. what is the impact on the new imac computer? image a image b image a or b: ______
Answer
Brief Explanations:
When new technology makes it easier to produce a good (in this case Apple iMac computers), the cost of production decreases. Producers are then willing to supply more of the good at each price level, which results in an increase in supply. An increase in supply is represented by a right - ward shift of the supply curve.
Answer:
Image B