Multiple Choice
Assume that a country can only produce two products: corn and spears. A technological advance in spear production will:
A) permit the production of both more spears and more corn.
B) will not influence the production of spears or corn unless there is an accompanying increase in resources.
C) permit the production of more spears but less corn.
D) permit only the production of more spears.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: If whenever the value of the variable
Q14: Which of the following economic concepts is
Q15: In 2004-2005, the province or territory with
Q16: Which of the following is not a
Q17: Malthus believed that:<br>A) advances in birth-control technology
Q19: Centralized decision-making regarding the use of all
Q20: Combinations of goods that are to the
Q21: If whenever the value of the variable
Q22: In a free market economy, the decisions
Q23: In which of the following countries does