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case study Illustrate what actually flappells a. A technological revolution that lowers the cost of producing a good might at first result in a reduction

case study

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Illustrate what actually flappells a. A technological revolution that lowers the cost of producing a good might at first result in a reduction in the price of the good to consumers but fall in price will increase demand for the good and higher demand will send the price up again. it is uncertain, therefore, that an innovation will really reduce price in the end

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