A technological improvement that increases productivity will
A) cause a firm to move upward along its existing total product curve
B) cause a firm to move downward along its existing total product curve
C) shift a firm's total product curve upward
D) shift a firm's total product curve downward

Question

Quizplus · Accepted Answer

Technological improvements increase productivity, allowing a firm to produce more output from the same amount of inputs, effectively shifting its total product curve upward.

A Technological Improvement That Increases Productivity Will