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Questions

经济&202 33295 第三章测验

Single choice

If new manufacturers enter the computer industry, then (ceteris paribus):

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The prompt asks about what happens if new manufacturers enter the computer industry, with all else held constant (ceteris paribus). First, consider the basic supply-side effect: an increase in the number of producers generally increases the total quantity supplied at each price. This is because more firms are......Login to view full explanation

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