An Improvement in Technology

question 170

Multiple Choice

An improvement in technology

• A) is one way to shift the demand curve.
• B) always increases producers' profits.
• C) allows a producer to decrease output with the same amount of input.
• D) allows a producer to increase output with the same amount of input.
• E) shifts the supply curve to the left.

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Definitions:

Incorporation Date

The specific date on which a legal entity was legally created or incorporated, officially beginning its existence as a corporate body.

Declaration Date

The declaration date is when a company's board of directors announces the issuance of a dividend, specifying the amount and the payment date.

Payment Date

The specific date set by a company on which dividends will be paid out to shareholders or debt obligations to lenders will be met.

Stock Dividend

A distribution of additional shares of a company's stock to its shareholders at no extra cost, based on their existing holdings.