Which situation would most likely shift the production possibilities curve for a nation in an outward direction?
A) A decrease in the quality of products
B) An increase in the supply of resources
C) A decrease in the state of technology
D) An increase in the amount of discrimination

Question

Quizplus · Accepted Answer

An increase in the supply of resources, such as the discovery of new natural resources or an increase in human capital, would shift the production possibilities curve for a nation in an outward direction. This allows for the production of more goods and services, increasing the potential output of the economy.

Which Situation Would Most Likely Shift the Production Possibilities Curve