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    Economics For Today Study Set 3
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    Exam 3: Market Demand and Supply
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    The Development of New Technology Typically
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The Development of New Technology Typically

Question 399

Question 399

Multiple Choice

The development of new technology typically:


A) shifts the supply curve to the right.
B) reduces profits.
C) results in a downward movement along a supply curve.
D) increases costs of production.
E) shifts the demand curve to the right.

Correct Answer:

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