Which one of the following would likely shift a production possibilities frontier inward?
A)a decrease in the price of natural resources
B)technological change
C)a drought
D)an increase in human capital
E)None of the above, because production possibilities frontiers do not shift inward.

Question

Quizplus · Accepted Answer

A drought would decrease the amount of resources available for production, which would shift the production possibilities frontier inward. The other choices would either not have an effect or would shift the frontier outward.

Which One of the Following Would Likely Shift a Production