The increase in technology used to produce a good would
A) move its supply curve to the right.
B) move its supply curve to the left.
C) cause a movement along the supply curve to a (higher price, higher quantity) point.
D) cause a movement along the supply curve to a (lower price, lower quantity) point.
Correct Answer:
Verified
Q144: Q145: The increase in the number of sellers Q146: If demand decreases and the price doesn't Q147: If demand increases and the price doesn't Q148: If there is an expectation that the Q150: Which of the following is true? Q151: The decrease in the price of a Q152: On a supply and demand diagram Q153: If a tax (paid by producers)on a Q154: If supply increases and the price doesn't
A)the supply
A)the horizontal
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