Question: Please answer questions 3, choose the correct options What could bring about a technological improvement in your production function and those of your fellow students?

Please answer questions 3, choose the correct options

  1. What could bring about a technological improvement in your production function and those of your fellow students?
  2. Draw a diagram to illustrate how this improvement would affect your feasible set of grades and study hours.
  3. Analyse what might happen to your choice of study hours, and the choices that your peers might make.
    • Study hours might increase and free time might decrease.
    • Study hours can decrease and grade increase
    • Study hours can decrease and grade decrease
    • Study hours and grade can remain the same if the student has very strong opinions.

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