Essay
Perylia produced 10 million tons of wheat in a certain year,using a given stock of capital,K,and efficiency units of labor,L.It was able to increase production to 15 million tons within 2 years without any increase in its physical capital stock or the efficiency units of labor.Suppose wheat is the only good produced in Perylia.What is a likely reason for the increase in production? Explain with a suitable diagram.
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