Suppose the market for desktop computers is in equilibrium. intel develops a new process for producing computer chips which does not improve performance, but does allow more chips to be produced at a lower cost. what happens to the equilibrium price and quantity? answers choices: price rises, quantity rises. price falls, quantity is indeterminate. price is indeterminate, quantity rises. none of the above. price rises, quantity falls. price falls, quantity rises. price falls, quantity falls. price is indeterminate, quantity falls. price rises, quantity is indeterminate.

After graduating from college with a degree in education, matt found a teaching jobin saudi arabia. he figured that a teaching job in the middle east would be the same as a teaching job in the united states. while there were similarities between american and saudi schools, matt was unprepared for the differences between the two cultures. on the first day, a number of his students arrived later than the class's designated 10 a.m. starting time. later, during a break, he noted that his students seemed to stand closely to each other and to him when they spoke. after class, a confused matt asked the american director of the teaching program about these observations. that's why it's always important to do your homework! the director responded with a laugh. what is the possible explanation that director could gave him?