This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in technology will shift the good's supply curve rightward. Indicate whether the ... (Read 96 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
An increase in technology will shift the good's supply curve rightward.
 
  Indicate whether the statement is true or false

Question 2

In a perfectly competitive market, technological advances bring ________ economic profits for producers and ________ lower prices for consumers.
 
  A) permanent; permanently
  B) permanent; temporarily
  C) temporary; permanently
  D) temporary; temporarily


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Excellent

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
Irrigation Technology Can Conserve Water Irrigation Technology Can Conserve Water
Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ...
Automotive Technology Automotive Technology
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library