Assume that a worker in a technology firm can produce 3 circuit boards in an hour.Due to subsequent innovation,she is now able to produce 6 circuit boards per hour.Other things remaining the same,the firm's supply curve is likely to ________.

Question

Quizplus · Accepted Answer

With the increase in productivity, the firm's ability to supply circuit boards has increased, which will lead to a rightward shift in the supply curve.

Assume That a Worker in a Technology Firm Can Produce