A technological improvement in the production of tablets would
A) increase the demand for tablets.
B) increase the supply of tablets.
C) decrease the demand for tablets.
D) decrease the supply of tablets.

Question

Quizplus · Accepted Answer

A technological improvement in the production of tablets would increase the efficiency and decrease the cost of production, allowing producers to supply more tablets at a lower price. This would lead to an increase in the supply of tablets in the market, not a decrease or increase in demand.

A Technological Improvement in the Production of Tablets Would