What has been the biggest factor in the increased supply of computer chips over the past few years?A.An increase in the demand for Internet serviceB.An increase in the demand for computersC.An increase in the quantity demanded of computersD.An increase in the supply of computersE.An increase in the quantity supplied of computersSUBMITarrow_backPREVIOUS
Question
What has been the biggest factor in the increased supply of computer chips over the past few years?A.An increase in the demand for Internet serviceB.An increase in the demand for computersC.An increase in the quantity demanded of computersD.An increase in the supply of computersE.An increase in the quantity supplied of computersSUBMITarrow_backPREVIOUS
Solution
The biggest factor in the increased supply of computer chips over the past few years is likely E. An increase in the quantity supplied of computers. This is because the supply of computer chips is directly related to the production of computers. As more computers are produced, more computer chips are needed, thus increasing the supply. This is not to be confused with an increase in the demand for computers (option B and C), which would only increase the supply if manufacturers respond to this demand by producing more computers. Similarly, an increase in the demand for Internet service (option A) might increase the demand for computers, but not necessarily the supply of computer chips. Finally, an increase in the supply of computers (option D) would likely be a result of an increase in the supply of computer chips, not a cause.
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