1. Illustrate the following with supply and demand curves: a. With increased access to wireless technology and lighter weight, the demand for laptop
computers has increased substantially. Laptops have also become easier and cheaper to
produce as new technology has come online. Despite the shift of demand, prices have fallen.
b. Cranberry production in Massachusetts totaled 2.37 million barrels in 2008, a 56 percent
increase from the 1.52 million barrels produced in 2007. Demand increased by even more
than supply, pushing 2008 prices to $56.70 per barrel from $49.80 in 2007.

Which of the following statements best illustrates an argument on whether congress is effective on providing oversight of the bureaucracy? a. congress is very effective in providing oversight of the bureaucracy. b. congress is not very effective in providing oversight to the bureaucracy because they lack the technical expertise and they are part of the iron triangles that create a relationship with the bureaucracy and interest groups to show more a. congress is very effective in providing oversight of the bureaucracy. b.congress is not very effective in providing oversight to the bureaucracy because they lack the technical expertise and they are part of the iron triangles that create a relationship with the bureaucracy and interest groups to further their own interests and not necessarily the public interest. c.congress provides effective oversight of the bureaucracy through the budgetary process. d.congress is not effective in providing oversight because of the budget and enabling legislation.