Figure 2-5

-Refer to Figure 2-5.Which of the following most likely caused the shift of the production possibilities frontier from A to B?

Question

Figure 2-5
 
-Refer to Figure 2-5.Which of the following most likely caused the shift of the production possibilities frontier from A to B?

Quizplus · Accepted Answer

The shift from point A to B on the production possibilities frontier is most likely caused by a technological improvement in the production of batteries, which allows for more efficient production and increased output of the battery industry. This shift represents an increase in the productive capacity of the economy, which enables more goods and services to be produced. Option B, C, and D are less likely to cause a shift in the PPF because they do not directly affect the production and efficiency of the battery industry.

Figure 2-5 -Refer to Figure 2-5.Which of the Following Most Likely Caused