A simultaneous improvement in the technology used to produce computers and increase in the number of buyers in the computer market would cause the equilibrium price of computers to drop but have an uncertain effect on equilibrium quantity

Indicate whether the statement is true or false

FALSE

Economics

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Assuming the inverse demand function for good Z can be written as P = 90 - 3Q, the corresponding total revenue function is:

A) 6Q. B) 90 - 6Q. C) 90 - 3Q. D) 90Q - 3Q2.

Economics

A slowing U.S. economy and increased enforcement of immigration laws will reduce ________ factors for Mexican immigration to the United States

A) demand growth B) demand pull C) supply push D) supply growth

Economics