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    Microeconomics Study Set 29
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    Exam 8: Producers in the Long Run
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    A Change in the Technique for Producing an Existing Product
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A Change in the Technique for Producing an Existing Product

Question 73

Question 73

Multiple Choice

A change in the technique for producing an existing product is known as


A) process innovation.
B) an increase in productivity.
C) invention.
D) investment.
E) product innovation.

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