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1. The

by
supply curve to the
introduction of technology can affect supply
the cost of production or by
productivity which will shift the
?
a.
lowering, increasing, right
increasing, lowering, right
lowering, increasing, left
C.
TFC
d. increasing, lowering left
BUTTOR
b.

User MGorgon
by
7.9k points

1 Answer

2 votes

The correct phrasing might be:

A. Lowering cost of production, increasing supply, rightward shift of the supply curve.

D. Increasing productivity, increasing supply, rightward shift of the supply curve.

When technology is introduced, it typically affects the supply curve by influencing either the cost of production or productivity.

If technology lowers the cost of production, it generally leads to an increase in supply. This would shift the supply curve to the right.

If technology enhances productivity, it also tends to increase supply, shifting the supply curve to the right as well.

The correct phrasing might be:

A. Lowering cost of production, increasing supply, rightward shift of the supply curve.

D. Increasing productivity, increasing supply, rightward shift of the supply curve.

Both A and D describe how technology can affect supply positively.

Question

The by supply curve to the introduction of technology can affect supply

the cost of production or by productivity which will shift the ?

A. lowering, increasing, right BUTTOR

B. BUTTOR

C. increasing, lowering left TFC

D. increasing, lowering left

BUTTOR

User Btlog
by
7.1k points