Question

how does this distrinction influence the cost curve of the firm?​

Answer 1

Answer:

A technological change that increases productivity shifts the product curves upward and the cost curves downward. If a technological change results in the firm using more capital, the average fixed cost curve shifts upward and at low levels of output, the average total cost curve may shiit upward.

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Answer 2

Answer:

A technological change that increases productivity shifts the product curves upward and the cost curves downward. If a technological change results in the firm using more capital, the average fixed cost curve shifts upward and at low levels of output, the average total cost curve may shiit upward.

Explanation:

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