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what effect does a rise in cost of machinery or raw materials have on the cost of a good? a)a rise in the cost of raw materials (but not machinery)raises the cost.b)the good becomes cheaperto produce.d)it does not have any effect on the cost of the good
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Asked 9/25/2012 7:52:03 AM
Updated 12/10/2014 4:24:35 PM
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Flagged by emdjay23 [12/10/2014 4:24:35 PM]
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User: what effect does a rise in cost of machinery or raw materials have on the cost of a good? a)a rise in the cost of raw materials (but not machinery)raises the cost.b)the good becomes cheaperto produce.d)it does not have any effect on the cost of the good

Weegy: A
LeeAnn1969|Points 1172|

User: What does new technology generally do to production? a. It lowers cost and decreases supply. b. It lowers cost and increases supply. c. It increases cost and decreases supply. d. It has very little effect on production.

User: What does new technology generally do to production?

Question
Asked 9/25/2012 7:52:03 AM
Updated 12/10/2014 4:24:35 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [12/10/2014 4:24:35 PM]
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Technology generally do to production is: It lowers the cost and increases supply.

Added 12/10/2014 4:24:29 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/10/2014 4:42:54 PM]
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