A Technological Improvement in the Production of Good a

question 100

Multiple Choice

A technological improvement in the production of good A

• A)decreases the supply of A.
• B)increases the demand for A.
• C)decreases the equilibrium price of A and decreases the equilibrium quantity.
• D)decreases the quantity demanded of A.
• E)increases the supply of A.

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Definitions:

Causation

A principle in law establishing the cause and effect relationship between an action and its outcome.

Forgeries

The illegal act of creating, altering, or imitating objects, statistics, or documents with the intent to deceive.

Art Gallery

A space or building where works of art are displayed and sometimes sold to the public.

False Imprisonment

An unlawful restraint of an individual's freedom of movement by another purporting to have the right to do so.