worksheet 6 - technology adoption_Questions_Spring 2017.docx

worksheet 6 - technology adoption_Questions_Spring...

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Name________________________ Worksheet 6 Discussion Section_______________ Name: Shuchen Zhang Discussion Section: AD5 Researchers develop a new seed variety through conventional breeding. The variety will allow small- scale farmers in Africa to achieve higher yields if they add the appropriate levels of other inputs. 1) Does this change from the old seed variety to the new seed variety constitute a technology change? Yes. It constitute a technology change. 2) What is the optimal input level with the old seed variety? B is the optimal input level with old seed variety. 3) What is the optimal input level with the new seed variety? C is the optimal input level with old seed variety. 4) What will happen to output if a farmer adopts the new seed variety, but uses the optimal level of input associated with the old seed variety?
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