An increase in the technology used to produce cell phones would be shown by a

Name: An increase in the technology used to produce cell phones would be shown by a
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Question

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An increase in technology used to produce cell phones would reduce the cost of production, therefore increasing the willingness and ability of producers to supply cell phones at every given price level. This would cause a rightward shift of the supply curve for cell phones.

An Increase in the Technology Used to Produce Cell Phones