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sergejj [24]
3 years ago
9

Assume that computers are a normal good. How will an increase in buyers’ incomes impact the market for computers? a) Demand for

computers decreases and the P(e) and Q(e) both fall. b) Demand for computers increases and the P(e) and Q(e) both rise. c) Supply will increase and the P(e) and Q(e) both rise. d) Supply will decrease and the P(e) and Q(e) both fall. e) The market for computers is not impacted by buyers’ incomes.
Business
1 answer:
AleksandrR [38]3 years ago
3 0

Answer: Demand for computers increases and the P(e) and Q(e) both rise

This answer is correct because an increase in buyer incomes will shift the demand curve to the right, which means that now the equilibrium price and quantity both will increase. The reason for this is that now that people have higher income they are willing to pay a higher price for computers.

Explanation:

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GDP is the: a. market value of an economy's production of final goods and services in a one year period. b. sum of coins, bills,
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Answer:

a. market value of an economy's production of final goods and services in a one year period.

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Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These chips are incorporated into
Masteriza [31]

Answer:

A) sample size = 23.475 ≈ 23

B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required

Explanation:

Data given

AQL = 20%, = 0.2

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Assuming consumer risk acceptable by company = 10%

producer risk = 5%

A) First we calculate the ratio

= LTPD / AQL = 0.52 / 0.2  = 2.6

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B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required

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