Multiple Choice
A cost cutting technical advance in the production of cars will cause:
A) the demand curve for cars to rise.
B) the demand curve for cars to fall.
C) no change in the supply of, or demand for cars.
D) a rightward shift in the supply curve of cars.
E) a leftward shift in the supply curve for cars.
Correct Answer:
Verified
Correct Answer:
Verified
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