Which of the following is the most likely result of a technological improvement in a perfectly competitive industry()
A. Individual firms’ supply curves shift to the left.
B. The industry supply curve shifts to the right.
C. The costs for individual firms increase.
参考答案:B
解析:
When individual firms implement technological change, their costs decline and their supply (cost) curve shifts to the right. At the lower costs, firms are willing to supply a given quantity at a reduced price. The lower cost structure for the individual firms shifts the industry supply curve to the right.