asked 47.9k views
2 votes
Suppose society faces a broad tradeoff between allocating resources to the production of investment goods (computers) and consumption goods (cars) before the improvement in technology described above. which of the following events would be most likely to lead to the improvement in technology you just illustrated? A) Increasing production of investment and consumption goods

B) Decreasing production of investment and consumption goods
C) Increasing production of investment goods and decreasing production of consumption goods
D) Decreasing production of investment goods and increasing production of consumption goods

1 Answer

7 votes
The answer is “C. Increasing production of investment goods and decreasing production of consumption goods.”
answered
User Mishen Thakshana
by
9.1k points
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