A government program that attempts to stimulate growth in the production of goods in which the country has a potential future comparative advantage is an example of a(n) ________ policy

Which of the following is an example of technological progress?

A) the invention of the air conditioner B) the invention of LCD televisions C) an increase in corn output resulting from genetic engineering D) all of the above

If the demand for product A displays high and positive cross-price elasticity with respect to the price of product B, then

A. products A and B are complements. B. the demand for product B is likely to have a low price elasticity. C. the demand for product A is likely to have a low price elasticity. D. products A and B are substitutes.