A Successful Process Innovation Can Be Expected to Lead to

A successful process innovation can be expected to lead to

A) an upward shift of the MC and AC curves which will lower output and raise the price of the product.
B) an upward shift of the MC and AC curves which will raise output and lower the price of the product.
C) a downward shift of the MC and AC curves which will lower output and raise the price of the product.
D) a downward shift of the MC and AC curves which will raise output and lower the price of the product.
E) a downward shift of the MC and AC curves which will leave unchanged the output and price of the product.