Technological progress makes the production possibilities frontier
A)become less linear and more bowed.
B)become more linear and less bowed.
C)shift outward from the origin.
D)shift inward toward the origin.

Question

Quizplus · Accepted Answer

Technological progress increases the efficiency of production, allowing more goods to be produced with the same resources, thus shifting the production possibilities frontier outward.

Technological Progress Makes the Production Possibilities Frontier