The extent of the tradeoff between the production of one good and the production of another good can change because of technological advances over time.

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Technological advances can lead to changes in production processes, which can affect the tradeoff between producing one good and another. For example, a new technology may reduce the amount of resources needed to produce one good, making it possible to produce more of that good and fewer of another. Alternatively, a new technology may make it possible to produce two goods more efficiently, without sacrificing the production of either. These changes can shift the production possibilities frontier and alter the tradeoff between goods.

The Extent of the Tradeoff Between the Production of One