Author Question: A technological improvement that lowers production costs for Good A will shift: a. the supply curve ... (Read 106 times)

pepyto · **on:** Jun 30, 2018

A technological improvement that lowers production costs for Good A will shift:
a. the supply curve for A to the left.
b. the demand curve for A to the left.
c. the demand curve for A to the right.
d. the supply curve for A to the right.

Question 2

The marginal propensity to consume plus the marginal propensity to save must always equal 1.
a. True
b. False
Indicate whether the statement is true or false