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Figure 2.3 Figure 2.3 Shows Various Points on Three Different Production Possibility

Question 27

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Figure 2.3 Figure 2.3 shows various points on three different production possibility frontiers for a nation. -Refer to Figure 2.3. A movement from X to Y:

Figure 2.3
Figure 2.3 Figure 2.3 shows various points on three different production possibility frontiers for a nation. -Refer to Figure 2.3. A movement from X to Y: A) could be due to a change in consumers' tastes and preferences. B) could occur because of an influx of immigrant labour. C) is the result of advancements in food production technology only, with no change in the technology for plastic production. D) is the result of advancements in plastic production technology only, with no change in food production technology.
Figure 2.3 shows various points on three different production possibility frontiers for a nation.
-Refer to Figure 2.3. A movement from X to Y:


A) could be due to a change in consumers' tastes and preferences.
B) could occur because of an influx of immigrant labour.
C) is the result of advancements in food production technology only, with no change in the technology for plastic production.
D) is the result of advancements in plastic production technology only, with no change in food production technology.

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