Suppose That a More Efficient Way to Produce a Good

question 100

Multiple Choice

Suppose that a more efficient way to produce a good is discovered, thus lowering production costs for the good. This will cause a(n)

• A) increase in supply.
• B) decrease in supply.
• C) increase in quantity supplied.
• D) decrease in quantity supplied.

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Definitions:

Logical Expressions

Expressions that evaluate to either true or false, used primarily in decision-making statements to control the flow of execution in programming.

Output

The data that is produced by a computer program or process after it has completed its execution, which can be presented in various forms such as textual or graphical.

Order Of Precedence

Order of precedence in programming determines the sequence in which operators are evaluated in expressions.

Operators

Symbols in programming that perform operations on variables and values, such as addition, subtraction, multiplication, and division.