Consider a society facing the production possibilities curves in the figure shown.What is the most likely cause of a society moving from PPF₁ to PPF₂? A) More workers B) Better printing press technology C) A desire to read more books D) Better sewing technology

Question

Quizplus · Accepted Answer

The shift from PPF₁ to PPF₂ indicates an increase in production of books without any decrease in the production of shirts. This suggests that there has been an improvement in printing press technology, which has allowed for more efficient production of books, while the technology for producing shirts remains unchanged.

Consider a Society Facing the Production Possibilities Curves in the Figure