If Technology Decreases Then

question 78

Multiple Choice

If technology decreases then

• A)the demand curve will shift to the right.
• B)the demand curve will shift to the left.
• C)the supply curve will shift to the right.
• D)the supply curve will shift to the left.

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Definitions:

Product Line

A group of closely related products that are treated as a unit because of similar marketing strategy, production, or end-use considerations.

Bonds

Debt instruments that larger companies sell to raise long-term funds.

Preferred Stock

A special type of stock whose owners, though not generally having a say in running the company, have a claim to profits before other stockholders do.