Everything else held constant, the vertical section of the supply curve of reserves is shortened when the

The opportunity cost of capital is an implicit cost almost every business incurs

a. True b. False Indicate whether the statement is true or false

The increase in technology used to produce a good would

A. move its supply curve to the left. B. cause a movement along the supply curve to a (higher price, higher quantity) point. C. move its supply curve to the right. D. cause a movement along the supply curve to a (lower price, lower quantity) point.