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20. Which of the following would shift a firm\'s short-run costcurves downward?

ID: 1230422 • Letter: 2

Question

20.   Which of the following would shift a firm's short-run costcurves downward? A.   an advance in technology B.   an increase in employees' wages C.   an increase in the demand for thefirm's product D.   an increase in excise taxes levied onthe firm's product 20.   Which of the following would shift a firm's short-run costcurves downward? A.   an advance in technology B.   an increase in employees' wages C.   an increase in the demand for thefirm's product D.   an increase in excise taxes levied onthe firm's product 20.   Which of the following would shift a firm's short-run costcurves downward?

Explanation / Answer

A. an advance in technology