The Cost of Producing an Item Declines Due to Improved

question 142

True/False

The cost of producing an item declines due to improved technology.The supply curve should shift to the left.

---

Definitions:

Phosphatidic Acid

A fundamental diacylglycerol derivative with a phosphate group, playing a key role in lipid metabolism and the biosynthesis of glycerophospholipids.

Phospholipids

A class of lipids that are a major component of all cell membranes as they can form lipid bilayers.

Lipid Bilayer

A thin polar membrane made of two layers of lipid molecules; fundamental structure of cell membranes.

Soaps

Salts of fatty acids used in cleaning and as surfactants, produced from the reaction of fats with a strong base.