Exhibit 3-14 Refer to Exhibit 3-14

Exhibit 3-14 Refer to Exhibit 3-14.Assuming that the production possibilities curve extends out farther as indicated above due to technological change,which of the following observations is correct?

A) There is a technological advance in food production but not in housing production.
B) There is a technological advance in housing production but not in food production.
C) There is a technological advance in both housing and food production.
D) none of the above