Solved

An Improvement in Technology

Question 78

Multiple Choice

An improvement in technology


A) is one way to shift the demand curve.
B) always increases producers' profits.
C) allows a producer to decrease output with the same amount of input.
D) allows a producer to increase output with the same amount of input.
E) shifts the supply curve to the left.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents