Multiple Choice
Between 2000 and 2015, the price of a PC fell and the quantity of PCs sold increased. Which of the explanations below is consistent with these facts?
A) The demand for PCs increased by more then the supply of PCs increased.
B) The supply of PCs increased by more than the demand for PCs increased.
C) The demand for PCs decreased by more than the supply of PCs increased.
D) Both the supply of PCs and the demand for PCs decreased.
Correct Answer:
Verified
Correct Answer:
Verified
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