Question: If the farm adopted a new technology, which allows it to use fewer resources to fatten chickens, explain how the farms production possibilities will change.

If the farm adopted a new technology, which allows it to use fewer resources to fatten chickens, explain how the farm€™s production possibilities will change. Explain how the opportunity cost of producing a bushel of soybean will be affected.


Use the table, which shows a farm€™s production possibilities,

Soybean (bushels Chicken (pounds per year) per year) 500 and 300 400 and 200 and 500 and 550

Soybean (bushels Chicken (pounds per year) per year) 500 and 300 400 and 200 and 500 and 550

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