The Following Figure Shows the Impact of Technological Change on the Marginal

question 10

Multiple Choice

The following figure shows the impact of technological change on the marginal cost of producing a certain good. Producing Q* units with the new technology reduces total cost by an amount equal to ________.

• A) area a
• B) area b
• C) area c
• D) areas a + b

---

Definitions:

Muscular Middle Layer

The middle layer of an organ or body part that consists of muscle tissue, such as the myocardium in the heart.

SA Node

Sinoatrial node; the heart's natural pacemaker, located in the right atrium, it initiates the electrical impulses that dictate the heart rate.

Cardiovascular System

The body's system comprising the heart and blood vessels, responsible for circulating blood and oxygen throughout the body.

Electrical Shock

A sudden discharge of electricity through a part of the body, causing injury or potentially fatal effects depending on the voltage and duration of contact.