The advancement of computers has increased the productivity of a paper mill. How will this likely affect the supply of paper? It will likely cause:
A. a rightward shift in the supply of paper.
B. a leftward shift in the supply of paper.
C. a shift straight up in the supply of paper.
D. no shift, but a movement along the supply curve.
A. a rightward shift in the supply of paper.
You might also like to view...
Which of the following conditions could lead to an inefficient quantity of pretzels being produced?
A) the existence of many producers of pretzels B) the existence of many consumers of pretzels C) the existence of a single producer and seller of pretzels D) All of the above conditions could cause the actual quantity of pretzels to be an inefficient quantity.
Marketable debt from the U.S. government in the form of bonds, notes, and bills is known as
a. monetized debt b. crowding out c. derivatives d. Treasury securities e. external debt