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Business, 04.12.2020 21:50 noah2o2o

A new manufacturing technology makes it easier to make the product and causes a shift in the supply curve. What is the new
equilibrium point after implementing the new technology? (Hint:
Determine which direction a easier production shifts the supply
curve and use that direction to pick the resulting equilibrium
point.)
O $6 and 20,000
O $4 and 30,000
O $6 and 30,000
O $4 and 20,000


A new manufacturing technology makes it easier to make the

product and causes a shift in the supp

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