ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
When a firm experiences a positive technological change
(A) the price of a share of the firm's stock rises.
(B) the value of the firm's assets rises.
(C) the firm is able to produce more output using the same inputs, or thi
(D) the firm will hire additional workers in order to increase production.
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