The Figure Below Shows Three Different Per-Worker Production Functions: PF₁,PF₂,and

question 5

Multiple Choice

The figure below shows three different per-worker production functions: PF₁,PF₂,and PF₃.If PF₁ is the initial per-worker production function,which of the following reflects the impact of an increase in the level of technology?

• A)A movement from point D to point C
• B)An upward shift from PF₁ to PF₂
• C)A downward shift from PF₁ to PF₃
• D)A movement from point C to point D
• E)A movement from point D to point F

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Definitions:

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The tendency of consumers to continuously purchase the same brand's products or services over time.

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Characteristics or features of a product, including quality, size, design, and functionality, that can influence consumer purchases.

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