A shift in a production-possibility frontier can result from:
A)unemployment.
B)inflation.
C)changes in production techniques.
D)changes in the combination of goods produced.
E)changes in consumers' tastes.

Question

Quizplus · Accepted Answer

Changes in production techniques can lead to improvements in efficiency or the introduction of new technologies, which can shift the production-possibility frontier outward, indicating an increase in the potential maximum output of goods and services.

A Shift in a Production-Possibility Frontier Can Result From