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ch4aika [34]
4 years ago
10

Why does the adoption of new technology tend to increase supply?

Business
1 answer:
Butoxors [25]4 years ago
7 0

Answer:

New technology allows firms to produce at a lower cost. As a result, as firms adopt a new technology, their cost curves shift downward. Market supply increases, and the market supply curve shifts rightward. With a given demand, the quantity produced increases and the price falls.

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The lender, the depository institution, and the _______ all complete parts of the request for verification of deposit form.
MrRissso [65]

The lender, the depository institution, and the <u>loan applicant</u> all complete parts of the request for verification of deposit form.

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8 0
2 years ago
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ddd [48]

Answer:

a. rightward

b. MSB

c. increase

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When there are externalities, indirect effects are produced that affect the consumption and production opportunities of third parties, but the price of the product does not reflect those externalities. Therefore, private returns and costs are different from those assumed by society as a whole .

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