-The curve in the above figure will shift to the right when
A)the price level falls.
B)technology increases.
C)population falls.
D)the proportion of the population that is elderly increases.

Question

-The curve in the above figure will shift to the right when
A)the price level falls. 
B)technology increases. 
C)population falls. 
D)the proportion of the population that is elderly increases.

Quizplus · Accepted Answer

An increase in technology typically enhances productivity, leading to an outward or rightward shift in the curve, often representing economic growth or increased output capacity.

-The Curve in the Above Figure Will Shift to the Right