Question

A technological advance in textbook production will lead to which of the following? A. a decrease in textbook supply B. an increase in textbook demand C. an increase in textbook supply D. a movement along the supply curve for textbooks E. an increase in textbook prices

Solution

Verified

Advances in textbook production technology will make textbook production easier and cheaper and will increase textbook supply.

Hence, the correct answer is the option c) an increase in textbook supply\textbf{c) an increase in textbook supply}.

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