Assume that a country can only produce two products: corn and spears. A technological advance in spear production will:
A) permit the production of both more spears and more corn.
B) will not influence the production of spears or corn unless there is an accompanying increase in resources.
C) permit the production of more spears but less corn.
D) permit only the production of more spears.

Question

Quizplus · Accepted Answer

A technological advance in spear production increases efficiency, allowing more spears to be produced with the same resources, potentially freeing up resources to produce more corn as well.

Assume That a Country Can Only Produce Two Products: Corn