How will an increase in factor mobility,ceteris paribus,affect an economy's production possibilities curve?
A)Shift the curve inward.
B)Result in a movement from outside the curve to a point on the curve.
C)Shift the curve outward.
D)Result in a movement along the curve.

Question

Quizplus · Accepted Answer

An increase in factor mobility allows resources to be allocated more efficiently and effectively, enhancing an economy's ability to produce goods and services. This leads to an expansion of the economy's productive capacity, represented by an outward shift of the production possibilities curve.

How Will an Increase in Factor Mobility,ceteris Paribus,affect an Economy's