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-Assume That the Technology Used by Firms Improves

Question 19

Multiple Choice

-Assume that the technology used by firms improves.As a result,supply shifts from _______ to ________ and the equilibrium price moves from __________ to __________. A) S2;S1;$30;$60 B) S1;S2;$30;$60 C) S2;S1;$60;$30 D) S1;S2;$60;$30 E) S1;S2;$60;$60
-Assume that the technology used by firms improves.As a result,supply shifts from _______ to ________ and the equilibrium price moves from __________ to __________.


A) S2;S1;$30;$60
B) S1;S2;$30;$60
C) S2;S1;$60;$30
D) S1;S2;$60;$30
E) S1;S2;$60;$60

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