Suppose That Productivity-Enhancing Technological Progress Affected More the Production of Chairs

question 34

Multiple Choice

Suppose that productivity-enhancing technological progress affected more the production of chairs than the production of tables.This can be depicted using a production possibilities frontier in which

• A) only the chair axis intercept increases.
• B) only the table axis intercept decreases.
• C) both intercepts increase; however, the chair intercept increases by more.
• D) both intercepts increase; however, the chair intercept increases by less.

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Definitions:

Nerve Processes

The extensions from a neuron, including dendrites and axons, that transmit electrical and chemical signals to and from the nerve cell body.

Clinical Trials

Research studies performed in people that are aimed at evaluating a medical, surgical, or behavioral intervention.

Consensual Experiments

The experimental research in which all participants give their informed consent prior to participation.

Pineal Body

A small endocrine gland in the brain that produces the hormone melatonin, which regulates sleep-wake patterns and seasonal biological rhythms.