Figure 7.1

-Refer to Figure 7.1.All else equal,an increase in the number of workers will cause a

Question

Figure 7.1 -Refer to Figure 7.1.All else equal,an increase in the number of workers will cause a

Quizplus · Accepted Answer

An increase in the number of workers will cause a movement up and to the right along PF₁, as the labor input increases and more goods can be produced, leading to a higher level of output. There is no shift in the production possibilities frontier (PPF) itself, as the PPF reflects the maximum production levels given the available resources and technology. Therefore, the correct choice is C.

Figure 7.1 -Refer to Figure 7.1.All Else Equal,an Increase in the Number