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Select the phrase that correctly completes the following statement. "A positive change in technology

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Select the phrase that correctly completes the following statement. "A positive change in technology

Select the phrase that correctly completes the following statement. "A positive change in technology caused an increase in the supply of flat-screen televisions. As a result
A) the price of flat-screen televisions decreased and the demand for flat-screen televisions increased."
B) the equilibrium quantity of flat-screen televisions decreased."
C) the price of flat-screen televisions decreased and the quantity demanded of flat-screen televisions increased."
D) the price of flat-screen televisions decreased. The lower price caused the supply of flat-screen televisions to decrease."

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Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

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Don't mention it Happy Dummy

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