If the prices of productive substitute goods decreased and productive technology improved at the same time,as a result:
A) prices would rise.
B) prices would fall.
C) larger quantities to be exchanged.
D) prices to fall and larger quantities to be exchanged.

Question

Quizplus · Accepted Answer

When the prices of productive substitute goods decrease, firms would be able to produce goods at lower costs, resulting in a decrease in prices. Additionally, with improved productive technology, firms would be able to produce more goods at a lower cost, leading to an increase in the supply of goods. The combination of lower costs and increased supply would result in a lower price for the consumers and larger quantities of goods being exchanged. Therefore, the answer is D.

If the Prices of Productive Substitute Goods Decreased and Productive