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Assume that a technological breakthrough lowers the cost of manufacturing automobiles. As a result of this event, we could reasonably expect:

1 Answer

5 votes

Answer:

a shift right in the supply for automobiles

Step-by-step explanation:

Since in the question it is mentioned that due to the breakthrough of technologies it lowers the cost of manufacturing automobiles so ultimately it rise the producers profitability that results in more production of automobiles.

Therefore there is a rise in the supply of automobiles that shift the supply curve in rightward

So, the fifth option is correct

answered
User KiwiKilian
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