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1.Describe how each of the following will affect the supply of personal computers: (a) A rise in wage rates; (b) A tax placed on the
1.Describe how each of the following will affect the supply of personal computers:
(a) A rise in wage rates;
(b) A tax placed on the production of computers.
2.A seller of onions expects onion prices to rise in the future. Explain how this will affect his current sales and why.
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