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Assume That U

Question 22

Multiple Choice

Assume that U.S.agricultural land is used either to raise cotton for clothing or to grow wheat.Agricultural researchers develop a new wheat hybrid that is more resistant to drought and insects.What effect will this have on the production possibilities frontier for cotton and wheat?


A) maximum possible production of both cotton and wheat will rise
B) maximum possible production of cotton will rise;maximum possible production of wheat will not change
C) maximum possible production of wheat will rise;maximum possible production of cotton will not change
D) maximum possible production of cotton will rise;maximum possible production of wheat will fall
E) maximum possible production of wheat will rise;maximum possible production of cotton will fall

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