Learning Path
Question & Answer1
Understand Question2
Review Options3
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Explore TopicChoose the Best Answer
A
It can lower production costs, allowing the farmer to produce at a lower opportunity cost.
B
It can increase the number of crops produced without affecting costs.
C
It can make the farming process more labor-intensive, reducing efficiency.
D
It can lead to a decrease in market demand for all agricultural products.
Understanding the Answer
Let's break down why this is correct
Answer
Adopting cutting‑edge agricultural technology lets a farmer produce more output with the same or fewer inputs, so the farmer’s opportunity cost for each crop falls. This shift can make the farmer relatively better at growing certain high‑value crops compared to competitors who use older methods, giving them a comparative advantage in those products. The technology also opens the possibility of specializing in crops that were previously too risky or expensive, because precision tools lower the risk of crop failure and improve yields. For example, a farmer who installs a soil‑sensor system can grow organic tomatoes more efficiently, allowing them to sell at a premium while competitors still use conventional irrigation and lose some market share. Thus, technology can reshape which crops a farmer can profitably focus on and strengthen their position in the market.
Detailed Explanation
Using new tech lets a farmer grow crops more cheaply. Other options are incorrect because Many think new tech only boosts the number of crops but does not affect cost; The idea that tech makes farming harder is a misconception.
Key Concepts
Technological Innovation
Comparative Advantage
Topic
Production Advantage
Difficulty
medium level question
Cognitive Level
understand
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