Figure 11-1
-Refer to Figure 11-1.Technological change is illustrated in the per-worker production function in the figure above by a movement from
A)A to B.
B)B to C.
C)B to A.
D)D to C.

Question

Figure 11-1 
-Refer to Figure 11-1.Technological change is illustrated in the per-worker production function in the figure above by a movement from
A)A to B. 
B)B to C. 
C)B to A. 
D)D to C.

Quizplus · Accepted Answer

Technological change is illustrated by a shift in the per-worker production function. In the given figure, the shift from the blue curve (B) to the red curve (C) represents technological change. Therefore, the movement is from B to C.

Figure 11-1 -Refer to Figure 11-1.Technological Change Is Illustrated in the Per-Worker