Refer to the accompanying diagram. If the production possibilities curve of an economy shifts from AB to CD, it is most likely the result of what type of factor affecting economic growth?
A) a supply factor
B) a demand factor
C) an eﬃciency factor
D) an allocation factor

Question

Refer to the accompanying diagram. If the production possibilities curve of an economy shifts from AB to CD, it is most likely the result of what type of factor affecting economic growth?
A) a supply factor 
B) a demand factor 
C) an eﬃciency factor 
D) an allocation factor

Quizplus · Accepted Answer

The Answer of  Refer to the accompanying diagram. If the production possibilities curve of an economy shifts from AB to CD, it is most likely the result of what type of factor affecting economic growth?
A) a supply factor 
B) a demand factor 
C) an eﬃciency factor 
D) an allocation factor

Refer to the Accompanying Diagram