menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 25
  4. Exam
    Exam 3: Supply and Demand
  5. Question
    A Technological Advance in the Production of Automobiles Will _____
Solved

A Technological Advance in the Production of Automobiles Will _____

Question 228

Question 228

Multiple Choice

A technological advance in the production of automobiles will _____ the _____ automobiles.


A) decrease;demand for
B) increase;supply of
C) decrease;demand
D) decrease;supply of

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q223: Use the following to answer question: <img

Q224: Use the following to answer question: <img

Q225: A competitive market occurs when there are

Q226: If supply is upward sloping,a decrease in

Q227: _ illustrates a positive relationship between price

Q229: An ambiguous change in price and a

Q230: Consider the market for iPads.What happens if

Q231: The horizontal summation of individual demand curves

Q232: If the price of corn rises,we generally

Q233: If supply is upward sloping,an increase in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines