All else constant,an improvement in technology would cause a firm's total,average and marginal product functions to increase (graphically,shift up).

Name: All else constant,an improvement in technology would cause a firm's total,average and marginal product functions to increase (graphically,shift up).
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Question

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An improvement in technology would increase a firm's productivity, leading to an upward shift of its total, average, and marginal product functions. Therefore, statement A is true.

All Else Constant,an Improvement in Technology Would Cause a Firm's