Suppose the economy goes from a point on its production possibilities frontier (PPF)to a point directly to the left of it.Assuming that the PPF has not shifted,this could be due to
A)a gain of resources.
B)a loss of resources.
C)technological improvement in the production of both goods.
D)a new law that interferes with productive efficiency.

Question

Quizplus · Accepted Answer

The Answer of Suppose the economy goes from a point on its production possibilities frontier (PPF)to a point directly to the left of it.Assuming that the PPF has not shifted,this could be due to
A)a gain of resources.
B)a loss of resources.
C)technological improvement in the production of both goods.
D)a new law that interferes with productive efficiency.

Suppose the Economy Goes from a Point on Its Production