Starting at point B in the diagram below, identify which combinations of points illustrate technological change. Give a brief explanation to support your answer

What will be an ideal response?

The movement from B to D in the diagram illustrates technological change. Technological change is constant along a given production function. Technological change will shift the production function up as more output is produced ($17,000 GDP per hour vs. $16,000 GDP per hour) with the same amount of capital per hour worked ($60,000 ).