Asked by Giansa Viola on Jun 13, 2024
Verified
Over the past few years,the technology associated with producing flat-panel televisions has improved.This has led to a(n) _____ in the _____ flat-panel televisions.
A) increase;supply of
B) decrease;demand for
C) decrease;supply of
D) decrease;quantity supplied of
Flat-Panel Televisions
Modern thin televisions that utilize LCD, LED, or Plasma technology for display, offering clearer pictures and space-saving advantages.
Technology Associated
Refers to the tools, machinery, and systems used to enhance production, efficiency, and innovation in various fields.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a specific price during a specified period.
- Become familiar with the implications of technological evolution on the supply chain of goods.
Verified Answer
Learning Objectives
- Become familiar with the implications of technological evolution on the supply chain of goods.
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