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Answer to Question #209800 in Economics for Paballo
Question #209800
A technological advancement for Good A will shift the _________ curve of Good A to the _________, leading to a(n) ___________in the equilibrium price.
- A. supply; left; increase
- B. supply; right; decrease
- C. demand; left; decrease
- D. demand; right; increase
Expert's answer
A technological advancement for Good A will shift the `supply curve of Good A to the right, leading to a(n) decrease in the equilibrium price.
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