Which of the following would be a result of an improvement in technology?

Name: Which of the following would be a result of an improvement in technology?
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Question

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An improvement in technology would result in an increase in the efficiency of production, leading to a decrease in the cost of production. This would cause a rightward shift in the supply curve, as producers would be willing and able to supply more of the good at each price level.

Which of the Following Would Be a Result of an Improvement