Answer
c. Increases in resource supplies and advances in technology.
Work Step by Step
More resource supplies enable a nation to produce more goods. Advances in technology lead to better goods and improved ways of producing them.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 1 - Limits, Alternatives, and Choices - Review Questions - Page 22: 7
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