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There Is a Technological Improvement in the Production of Good

question 49

Multiple Choice

There is a technological improvement in the production of good X.As a result,the _____________ curve for good X will shift ____________ resulting in a(n) _____________ in the equilibrium price of X and a(n) ____________ in the equilibrium quantity of X.


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Default Value

A predefined value automatically assigned to a field or variable if no other value is specified by the user or process.

Input Mask

An input mask is a template that dictates the allowed format and type of data entry into a field, like enforcing phone number or date formats in a form.

Format

The arrangement, style, or structure of text, data, or a document.

Decimal Places

The number of digits to the right of the decimal point in a number, indicating the precision of the value.

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