Which factor is MOST likely to shift an entire PPF outward?
A) a natural disaster that disrupts production
B) a general increase in the price of inputs
C) a technology improvement in one key industry
D) a general increase in educational attainment
Correct Answer:
Verified
Q5: Which would not be considered one of
Q6: Suppose France has achieved the ability to
Q7: Which combination between factors of production and
Q8: If a country's PPF is linear, this
Q9: If the following two bundles (10, 5)
Q11: Which point on the following PPF best
Q12: A country's choice of producing capital goods
Q13: The table shows the amount of
Q14: The table shows the amount of
Q15: When two countries specialize and trade based
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents