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Author Question: A technological improvement in the production of good X causes the: a. demand curve for X to shift ... (Read 109 times)

daltonest1984

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on: Jun 30, 2018
A technological improvement in the production of good X causes the:
 a. demand curve for X to shift to the right. b. demand curve for X to shift to the left.
  c. supply curve for X to shift to the right. d. supply curve for X to shift to the left.

Question 2

Which of the following explain(s) better the fact that computers are cheaper now than 10 years ago?
 a. c and d.
  b. c and e.
  c. The technology used in the production of computers has improved during this period.
  d. Resources used in the production of computers have become cheaper during this period.
  e. The demand for computers has increased substantially during this period.


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cassie_ragen

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


daltonest1984

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

parshano

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Reply 3 on: Yesterday
Excellent

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