A production possibilities frontier can shift outward for all of the following reasons except _____
A) a decrease in the size of the labor force.
B) an increase in population.
C) an improvement in technology.
D) a larger work force.
E) a larger capital stock.
Correct Answer:
Verified
Q139: On the production possibilities frontier, the opportunity
Q140: Exhibit 2.4 Q141: An economic system _ Q142: Exhibit 2.5 Q143: The economic question of what will be Q145: An improvement in technology, all other things Q146: Every economy must answer each of the Q147: An improvement in the technology used to Q148: The production possibilities frontier will shift if Q149: If dairy farmers use automatic milking machines
A) must choose socialism
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