Quizzol

QUESTION:

All of the following shift the supply of smartphones to the right except ________.

a. an increase in the price of smartphones

b. an advance in the technology used to manufacture smartphone

c. a decrease in the wage of workers employed to manufacture smartphones

d. manufacturers' expectations of lower smartphone prices in the future

e. all of the answer choices cause an increase in the supply of smartphones

ANSWER:

a. an increase in the price of smartphones

Posted by Cleveland on August 30, 2024