In which direction will improvements in and greater stocks of land,labour,capital,and entrepreneurial activity shift the production possibilities curve?

Question

Quizplus · Accepted Answer

Improvements in and greater stocks of land, labor, capital, and entrepreneurial activity will increase the economy's potential for producing goods and services. As a result, the production possibilities frontier (PPF) will shift outward, indicating an increase in the maximum output level available for production. Therefore, the answer is D.

In Which Direction Will Improvements in and Greater Stocks of Land,labour,capital,and