A Positive Technological Change Will Cause the Supply of a Good

question 231

True/False

A positive technological change will cause the supply of a good to increase.

---

Definitions:

Collectivistic Orientation

A philosophy that promotes the notion of interdependence.

Individualistic Orientation

A mindset or approach focused on the rights, significance, and achievements of the individual over those of the collective group.

Self-rewarding Orientation

An approach or attitude where individuals find intrinsic satisfaction and motivation in their actions, without needing external rewards.

Nationalistic Orientation

A perspective or ideology that places the interests and cultural identity of one's own nation above others, often emphasizing sovereignty and patriotism.