An improvement in technology will shift the production possibilities curve
A) to the left.
B) along the curve.
C) inward.
D) to the right.
Correct Answer:
Verified
Q302: The production possibilities curve shifts outward when
A)
Q303: All of the following would cause the
Q306: The only way that a society can
Q311: At a point on a production possibilities
Q314: The production possibilities curve (PPC) illustrates economic
Q315: Capital goods
A)are a special type of consumption
Q317: Economic growth appears on a production possibilities
Q318: Economic growth can be pictured in a
Q319: If an economy produces only steel and
Q320: A production possibilities curve will shift inward
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents