Which of the following would shift the production possibilities frontier outward?
A)a reduction in inefficiency
B)a reduction in the size of the labor force
C)an improvement in technology
D)a change in the combination of goods produced
E)increasing opportunity costs

Question

Quizplus · Accepted Answer

Technological improvements allow for more efficient production methods, which will shift the production possibilities frontier outward, enabling more goods to be produced with the same amount of resources.

Which of the Following Would Shift the Production Possibilities Frontier