Figure 2.1

-Referring to Figure 2.1,if you increase the production of farm goods, what other area is affected?
A) the price of produce
B) the production of manufactured goods
C) how much people can purchase
D) the wages earned by farm workers

Question

Figure 2.1
 
-Referring to Figure 2.1,if you increase the production of farm goods, what other area is affected?
A) the price of produce 
B) the production of manufactured goods 
C) how much people can purchase 
D) the wages earned by farm workers

Quizplus · Accepted Answer

Increasing the production of farm goods affects the production of manufactured goods due to the concept of opportunity cost. If resources are allocated to increase farm goods production, fewer resources are available for manufacturing goods, impacting their production levels.

Figure 2.1 -Referring to Figure 2.1,if You Increase the Production of Farm