After Hurricane Katrina devastated parts of Mississippi and New Orleans in 2005, we can be sure that the production possibilities frontier for that area temporarily

Question

Quizplus · Accepted Answer

The production possibilities frontier (PPF) shifted inward, toward the origin, because the hurricane's destruction reduced the resources available for production, thus decreasing the area's capacity to produce goods and services.

After Hurricane Katrina Devastated Parts of Mississippi and New Orleans