Current equilibrium price for personal computers

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Assuming the most typical shapes of the demand and supply curves, which of the following could lead to an increase in the current equilibrium price for personal computers?

a. a decrease is the price of computer chips

b. a decrease in buyers' incomes, assuming that computers are a normal good

c. a technological improvement that reduces manufacturing costs

d. expectations of a higher future price

e. an increase in the price of computer software

Reference no: EM13732597

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