Refer to the information provided in Figure 2.6 below to answer the question(s) that follow. Figure 2.6 -Refer to Figure 2.6. A shift from ppf^{1 to ppf}^{2 may be caused by} A) an increase in inflation. B) an increased desire for consumer goods. C) a change in consumer tastes. D) an improvement in technology.

Question

Quizplus · Accepted Answer

An improvement in technology typically allows for more efficient production, which can shift the production possibility frontier outward, indicating an increase in the potential output of goods and services.

Refer to the Information Provided in Figure 2