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Which of the following would shift the production function upward? an increase in the price of oil an improvement in technology a decrease in the supply of labor a decline in th…

Which of the following would shift the production function upward? an increase in the price of oil an improvement in technology a decrease in the supply of labor a decline in th…
asked 104k views
2 votes
Which of the following would shift the production function upward? an increase in the price of oil an improvement in technology a decrease in the supply of labor a decline in the birth rate

asked
User Heyji
by
8.2k points

1 Answer

2 votes

Answer:

an improvement in technology

Step-by-step explanation:

because the consumer prefers quality over quantity

answered
User Sven Hager
by
8.1k points
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