A production possibilities frontier will shift inward if there is an increase in the size of the labor force.

Question

Quizplus · Accepted Answer

An increase in the size of the labor force would actually shift the production possibilities frontier outward, as there would be more resources available to produce goods and services. If the production possibilities frontier shifts inward, it is due to a decrease in resources or technological advancements.

A Production Possibilities Frontier Will Shift Inward If There Is