Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

As displayed on a production possibilities curve, what will an increase in technology allow a society to do? a. Produce more, as long as the resources are also available. c. It will not affect society’s production. b. Produce less, because more resources are spent on developing technology. d. The society will spend more on the same level of production.

Sagot :

lrathburn
As displayed on a production possibilities curve, an increase in technology allow a society to produce more, as long as the resources arealso available
scouteo

The correct answer is A) produce more, as long as the resources are also available.

As displayed on a production possibilities curve, an increase in technology will allow a society to produce more, as long as the resources are also available.

A production possibilities graph is a valid representation of the available ways an economy is able to use the resources. In this case, an increase in technology will allow a society to produce more, as long as the resources are also available means that as long there are enough resources in the market, technology in a country helps with the production of more things to be consumed or traded.  


Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.