Given below is the production possibilities schedule for capital goods and consumer goods.Table 2.2

-A decrease in the quantity of available resources would be represented by:

Question

Given below is the production possibilities schedule for capital goods and consumer goods.Table 2.2
 
-A decrease in the quantity of available resources would be represented by:

Quizplus · Accepted Answer

An inward shift of the PPC represents a decrease in the quantity of available resources. This means that the economy can produce fewer goods and services than before with the same amount of resources. Therefore, this is the best choice as it accurately reflects the situation described in the question.

Given Below Is the Production Possibilities Schedule for Capital Goods