A technological advancement for Good A will shift the ________ curve of Good A to the ________,making the equilibrium price ________.

Question

Quizplus · Accepted Answer

A technological advancement in the production of Good A would make its production more efficient, leading to an increase in supply. This shift in the supply curve to the right typically results in a lower equilibrium price, as more of the good can be produced at each price level.

A Technological Advancement for Good a Will Shift the ________