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Between 2000 and 2008, Advances in PC Production Technology Increased

Question 425

Multiple Choice

Between 2000 and 2008, advances in PC production technology increased the supply of PCs sharply. The demand for PCs also increased, but not nearly as much as the supply did. As a result, the market price of a PC and the quantity of PCs sold .


A) fell; increased
B) rose; decreased
C) fell; decreased
D) rose; increased

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