An increase in an economy's productive resources will lead the production possibilities curve to:
A)shift inward.
B)shift outward.
C)become flatter.
D)stay the same.

Name: An increase in an economy's productive resources will lead the production possibilities curve to: A)shift inward. B)shift outward. C)become flatter. D)stay the same.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

An increase in an economy's productive resources makes it possible to increase the production of all goods, leading the PPC to shift outward.

An Increase in an Economy's Productive Resources Will Lead the Production