Suppose a scientific breakthrough made free solar power available in unlimited quantities in Australia. The effect of this invention would be to move

Question

Quizplus · Accepted Answer

The introduction of unlimited free solar power would significantly increase the resources available for production in Australia, effectively expanding the country's capacity to produce goods and services. This expansion of productive capacity is represented by an outward shift of the production possibilities frontier (PPF), indicating that the economy can now produce more of both goods than it could before the technological breakthrough.

Suppose a Scientific Breakthrough Made Free Solar Power Available in Unlimited