The country of Econoland produces two goods: textbooks and widgets. Last year produced 200 textbooks and 500 widgets. This year it produced 250 textbooks and 600 widgets. Given no other information which of the following could not explain the change? A) Econo land experienced an improvement in widget making technology B) none of these answers are correct based on the question C) Econo land experienced a reduction in unemployment Can you help me understand this more

The country of Econoland produces two goods: textbooks and widgets. Last year produced 200 textbooks and 500 widgets. This year it produced 250 textbooks and 600 widgets. Given no other information which of the following could not explain the change? A) Econo land experienced an improvement in widget making technology B) none of these answers are correct based on the question C) Econo land experienced a reduction in unemployment Can you help me understand this more

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter1: The Art And Science Of Economic Analysis

Section: Chapter Questions

Problem 4.7P

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