If new manufacturers enter the computer industry, then (ceteris paribus):
A. the supply curve shifts to the left.
B. the supply curve shifts to the right.
C. the demand curve shifts to the left.
D. some established manufacturers must exit the industry.
Answer:B
If new manufacturers enter the computer industry, then (ceteris paribus):
A. the supply curve shifts to the left. B. the supply curve shifts to the right. C. the demand curve shifts to the left. D. some established manufacturers must exit the industry.
Explanation: Type: Multiple Choice Difficulty: Easy Category: Understand