Figure 17-1 Production Function Real GDP = T (L, K), such that Real GDP = T(L + K) Assume that the technology coefficient is equal to 0.40. Refer to Figure 17-1. If this production function is graphed with Real GDP on the vertical axis and labor on the horizontal axis, and the technology coefficient rises from 0.40 to 0.50, it would cause a a. movement down along the same production function to a lower level of Real GDP. b. shift upward in the production function to a higher level of Real GDP. c. movement up along the same production function to a higher level of Real GDP. d. shift downward in the production function to a lower level of Real GDP