Which of the following would be least likely to cause the production possibilities curve to shift outward?
A) a decreased desire for leisure by workers in the economy.
B) an invention that requires fewer resources to produce a good.
C) a shift in consumer preferences that causes expansion in the output of one product and a decline in output of other products.
D) an expansion in the man-made productive resources available to the economy as the result of a high rate of investment.
Correct Answer:
Verified
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