Figure 22-1
-Refer to Figure 22-1. 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 22-1 
-Refer to Figure 22-1. 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 in a per-worker production function is typically represented by an upward shift of the curve, indicating that more output is produced per worker for the same level of capital. A movement from B to C suggests such an upward shift, reflecting technological improvement.

Figure 22-1 -Refer to Figure 22-1. Technological Change Is Illustrated in the Illustrated