Select all the events that could result in a nation's increasing the slope of its entire production function. Correct Answer (s) The labor force becomes more educated. A nation successfully defends its territory against invasion. Scientific discoveries revolutionize industry. New oil reserves are discovered and tapped. More highways are built.

Question

Social Studies

Miley Collier

15 February, 00:47

Select all the events that could result in a nation's increasing the slope of its entire production function. Correct Answer (s) The labor force becomes more educated. A nation successfully defends its territory against invasion. Scientific discoveries revolutionize industry. New oil reserves are discovered and tapped. More highways are built.

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Answers (1)

Know the Answer?

Cornelius Valencia · Answer 1

The correct option is Scientific discoveries revolutionize industry.

Explanation:

A nation can prosper widely if scientists come up with ideas which can revolutionize the industry. Scientific discoveries might increase the business for a country by bringing methods and researching something new for the business industry. Also, if scientists research other methods by which a product is made through cheaper but equally valuable substances then these kinds of researchers might provide a blast for the economic value of that country.