The figure given below shows the marginal cost and the marginal benefit of information curves. In the figure given below, which of the following is likely to shift the marginal cost of information curve upward?
Figure 14.2
A) Introduction of a new technology
B) An increase in unemployment in an economy
C) An increase in the availability of substitute goods
D) An increase in the earnings of an economy
E) Improvement in the overall quality of a good
Correct Answer:
Verified
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