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The S-Curve of technology adopts describes which economic phenomenon? Group of answer choices The rapid decrease in the use of a polluting technology after its
The S-Curve of technology adopts describes which economic phenomenon? Group of answer choices The rapid decrease in the use of a polluting technology after its use is taxed and it is no longer considered the social norm. All of the answers are correct. The rapid increase in use of a new product or service after its costs of production come down and its use becomes a social norm. The supply curve that becomes flat when there are many substitutes available for a product
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