Multiple Choice
Which of the following would be most likely to cause a reduction in the supply of Nintendo video games?
A) a decrease in the price of Nintendo video games
B) a decrease in the price of computer chips used to make Nintendo games
C) an increase in the demand for Nintendo video games
D) an increase in the price of computer chips used to make Nintendo games
Correct Answer:

Verified
Correct Answer:
Verified
Q14: When the price of ice cream falls,
Q15: Which of the following is most likely
Q16: Increasing government taxation or regulation of an
Q18: Exhibit 4-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 4-3
Q20: The quantity of hamburger that households are
Q21: What is the most likely effect of
Q22: The law of demand refers to the:<br>A)negative
Q24: How will a decrease in price tend
Q33: A shortage exists in a market if<br>A)there
Q150: Economists normally<br>A)do not try to explain people's