Home is a country that produces two goods,pears and cellular phones.Last year,Home produced 450 bushels of pears and 1050 cellular phones.This year it produced 450 bushels of pears and 2000 cellular phones.Given no other information,which of the following events could explain this change?
A) Home experienced increased unemployment.
B) Home experienced a decline in pear-producing technology.
C) Home experienced an improvement in cellular phone-making technology.
D) Home experienced a reduction in resources.
Correct Answer:
Verified
Q222: Figure 2-14 Q223: The field of economics is traditionally divided Q224: Figure 2-14 Q225: A microeconomist - as opposed to a Q226: Figure 2-14 Q228: Figure 2-14 Q229: Refer to Figure 2-13.Which of the following Q230: Refer to Figure 2-13.Which of the following Q231: Refer to Figure 2-13.One difference between points Q232: Figure 2-12 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
