An improvement in technology would shift
a. the demand curve leftward
b. the demand curve rightward
c. the supply curve leftward
d. neither the supply nor the demand curve; instead, there is movement along both of them
e. the supply curve rightward
E
Economics
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If there is a permanent increase in the domestic money supply, then in the short run, which of the following will be TRUE?
a. The prices will adjust lower. b. Domestic interest rates will increase. c. Real money supply will increase. d. Domestic money demand will permanently increase.
Economics
If the demand for one good decreases when the price of another good decreases, the two goods are ________ goods
A) normal B) inferior C) complementary D) substitute
Economics