A few days ago
Mari

Need some Homework Help……….Economics?

“Strike Halts Production of Computer Microprocessors – No settlement expected soon”.

Based on this headline, which of the following will occur in the computer market?

Price of computers——–Quantity of computers sold

Increase – Increase

Increase – Decrease

Decrease – Increase

Decrease – Decrease

Top 4 Answers
A few days ago
blizebliz

Favorite Answer

The price would increase because of the reduction in computers being manufactured. The Q of computers sold would decrease because there aren’t any more being made
0

A few days ago
?
I would think if the prices decrease then quanity of computers sold would increase…..more people buy when prices drop
1

A few days ago
Herm
increase-decrease

fewer computers so they become more scarce and therefore prices increase

b/c price is higher and fewer computers are produced the quantity sold decreases

hope that helps 🙂

1

A few days ago
dulce_pax
Increase – decrease i think… i never got to do economics but im pretty sure its increase – decrease
0