Technical improvements cause production costs to decline, which causes ( demand , supply , income ) to increase and prices to ( increase , decrease , stay the same ) decreased unemployment causes consumer incomes to ( increase , decrease , stay the same ) , which causes ( demand , supply , prices ) to increase

By the end of this section, you will be able to:Identify factors that affect demandGraph demand curves and demand shiftsIdentify factors that affect supplyGraph supply curves and supply shiftsThe previous module explored how price affects the quantity demanded and the quantity supplied. The result was the demand curve and the supply curve. Price, however, is not the only thing that influences demand. Nor is it the only thing that influences supply.

Explanation:

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