If society were to experience an increase in its available resources its production possibilities frontier would:
A) shift out.
B) shift in.
C) not move.
D) become convex.

Question

Quizplus · Accepted Answer

An increase in available resources would lead to an increase in the potential output of an economy. This means that the production possibilities frontier would shift outwards, indicating that more goods and services can now be produced with the new resources.

If Society Were to Experience an Increase in Its Available