As displayed on a production possibilities curve, what will an increase in technology allow a society to do?
A. Produce more, as long as the resources are also available.
B. Produce less, because more resources are spent on developing technology.
C. It will not affect society's production.
D. The society will spend more on the same level of production.

An increase in technology allows a society to produce more goods and services by improving efficiency and output. This is illustrated on the production possibilities curve, which can shift outward with technological advancements. Therefore, the correct answer is that society can produce more if resources are available. ;

Answered by GinnyAnswer | 2025-07-08

An increase in technology helps a society produce more goods and services by improving efficiency and productivity. This is represented on the production possibilities curve as a shift outward, allowing for greater output if resources are adequately available. Therefore, the answer is A: Produce more, as long as the resources are also available.
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Answered by Anonymous | 2025-07-09