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If a technological breakthrough drastically cuts down the time needed to manufacture a product, what is the most likely impact on the market supply of that product?

Q: Answer-If a technological breakthrough drastically cuts down the time needed to manufacture a product, what...

A technological breakthrough that reduces production time improves efficiency, enabling producers to manufacture more output at the same price level, thereby increasing the overall market supply.

A Supply decreases sharply

B Supply remains completely unchanged

C Supply increases due to greater efficiency

D Supply becomes erratic and unpredictable

E Supply shifts only in the short run

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If a technological breakthrough drastically cuts down the time needed to manufacture a product, what is the most likely impact on the market supply of that product?

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