-In the Above Figure, Technological Progress That Increases the Expected

question 174

Multiple Choice

-In the above figure, technological progress that increases the expected profit will

• A) have no effect on the demand for loanable funds curve.
• B) make the demand for loanable funds curve become horizontal.
• C) shift the demand for loanable funds curve leftward.
• D) shift the demand for loanable funds curve rightward.

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Definitions:

Directional Array

A configuration of antennas or microphones designed to capture or emit radio or sound waves more effectively in specific directions.

Geographical Structure

An organizational structure where operations are divided based on geographical regions, facilitating focus on local markets or resources.

Local Tastes

Preferences and inclinations specific to people in a certain geographical area, often influencing the products and services offered in that region.

Fast Food Organization

An organizational structure optimized for speed and efficiency, often utilized by businesses in the fast food industry to quickly serve customers.