Which of the following scenarios would cause an outward shift in the production possibilities curve of a country?
A)A temporary shutdown of mines due to frequent accidents
B)The discovery of large mineral deposits
C)A tougher environmental legislation
D)A shortage of skilled labor
E)A huge migration of labor from the country

Question

Quizplus · Accepted Answer

The discovery of large mineral deposits would increase the resources available for production, allowing the country to produce more goods and services and shift its production possibilities curve outward.

Which of the Following Scenarios Would Cause an Outward Shift