Multiple Choice
An improvement in a firm's technology that reduces its production costs will result in a(n) :
A) rightward shift of the supply curve.
B) increase in supply.
C) increase in quantity supplied at any given price.
D) all of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: Two goods, X and Y, are complementary
Q23: Other things being equal, the effect of
Q86: With an upward-sloping supply curve, which of
Q109: Which of the following best represents the
Q117: The supply schedule shows the specific quantity
Q164: If two goods are substitutes in consumption,
Q209: The negative slope of the demand curve
Q236: Exhibit 3-8 Demand and supply data for radios
Q289: In economic terms, to say that there
Q390: When firms advertise their products, they are