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Use the following to answer questions :
Figure 3-2 Use the following to answer questions : Figure 3-2   -Let P* and Q* represent market clearing price and quantity, respectively.Given the supply and demand curves drawn in Figure 3-2, a technological advance that makes the production of Q more efficient will cause: A) P* and Q* to climb. B) P* and Q* to fall. C) P* to climb while Q* falls. D) Q* to climb while P* holds fixed. E) none of the above.
-Let P* and Q* represent market clearing price and quantity, respectively.Given the supply and demand curves drawn in Figure 3-2, a technological advance that makes the production of Q more efficient will cause:


A) P* and Q* to climb.
B) P* and Q* to fall.
C) P* to climb while Q* falls.
D) Q* to climb while P* holds fixed.
E) none of the above.

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