If a Technological Improvement Took Place in the Computer Industry

Multiple Choice

If a technological improvement took place in the computer industry, we would expect to see the equilibrium price of computers to

A) increase and the quantity of computers sold to decrease.
B) decrease and the quantity of computers sold to increase.
C) decrease and the quantity of computers sold to decrease.
D) increase and the quantity of computers sold to increase.
E) increase and the quantity of computers sold to stay the same.