In the Case of a Technology Spillover, Internalizing a Positive

question 194

Multiple Choice

In the case of a technology spillover, internalizing a positive externality will cause the supply curve of an industry to

• A)shift to the right.
• B)shift to the left.
• C)become more elastic.
• D)remain unchanged.

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Definitions:

Canadian Rockies

A major mountain range in western Canada known for its breathtaking scenery and outdoor recreational opportunities.

Cutthroat Trout

A species of freshwater fish, known for the distinctive red or orange cutthroat mark beneath its jaw.

Lake Louise

A glacial lake located in Banff National Park, Alberta, Canada, known for its vivid turquoise waters surrounded by high mountain peaks.

Formosan Termites

A highly destructive species of termite known for its aggressive behavior and ability to infest a wide range of structures.