An improvement in production technology for a specific good, Business Economics

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An improvement in production technology for a specific good

An improvement in production technology for a specific good will cause a(n):

A) increase in demand and an increase in price

B) increase in demand and a drop in price

C) drop in price and increase in quantity demanded

D) increase in supply and an increase in price

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Business Economics: An improvement in production technology for a specific good

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