An improvement in technology would
A) enable the economy to produce outside its original production possibilities frontier
B) enable the economy to move along its original production possibilities frontier
C) eliminate scarcity; therefore, the production possibilities frontier would no longer exist
D) have no effect on the production possibilities frontier
E) change the production possibilities frontier to a line with a positive slope
Correct Answer:
Verified
Q146: Which of the following cannot be determined
Q147: A production possibilities frontier will shift outward
Q148: Increases in resources or improvements in technology
Q149: The production possibilities frontier will shift if
Q150: A production possibilities frontier can shift outward
Q152: Exhibit 2-9 Q153: Which of the following would shift the Q154: A production possibilities frontier will shift inward Q155: On a production possibilities frontier, the opportunity Q156: Exhibit 2-7 ![]()
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