An Increase in the Level of Technology Shifts

question 142

Multiple Choice

An increase in the level of technology shifts

• A) the LAS curve rightward but leaves the SAS curve unchanged.
• B) the SAS curve rightward but leaves the LAS unchanged.
• C) both the SAS and LAS curves leftward.
• D) both the SAS and LAS curves rightward.

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Definitions:

Mandamus

A legal order directed from a higher court to a lower court, or mandating an individual to carry out a duty required by law.

Alternative Methods

Different or unconventional approaches to achieving a goal or completing a task.

Dispute Resolution

The process of resolving disputes between parties through various mechanisms such as litigation, arbitration, mediation, or negotiation.

Business Relationships

Associations between individuals or companies that are based on trade, investment, partnerships, or other commercial activities.