If a technological advance increases a firm's labor productivity,we would expect its:

A) average total cost curve to rise.
B) average total cost curve to fall.
C) total cost curve to rise.
D) average total cost curve to be unaffected.

Technological Advance

Progress in technology that improves efficiency and productivity, often leading to economic growth.

Labor Productivity

A measurement of economic performance that shows the amount of goods and services produced per labor hour.

Average Total Cost

The total cost of production divided by the total quantity produced, representing the average cost per unit.