Question

Which of the following events would cause an increase in supply of laptop? computers?

A. The number of manufacturers of laptop computers decreases.
B. Laptops become required for college admission.
C. More students are buying laptops.
D. The price of machinery used to produce laptop computers falls.

Answer 1

An improvement in technology that reduces the cost of production will cause an increase in supply of laptops. This can be shown as a rightward shift in the supply curve.

Step-by-step explanation:

An improvement in technology that reduces the cost of production will cause an increase in supply. This can be shown as a rightward shift in the supply curve. For example, if there is a technological advancement that allows laptop manufacturers to produce laptops at a lower cost, they can offer more laptops at a lower price, resulting in an increase in the supply of laptops.

On the other hand, the events mentioned in options A, B, and C do not directly impact the supply of laptops. A decrease in the number of manufacturers may reduce competition, but it does not necessarily affect the supply. Laptops becoming required for college admission may create a higher demand, but it does not directly impact the supply. More students buying laptops may lead to a higher demand, but it does not directly impact the supply.