Multiple Choice
Consider a production possibilities curve for an economy producing bicycles and video game players. It is possible to increase the production of bicycles without sacrificing video game players if:
A) the production possibilities curve shifts outward due to technological progress.
B) the production possibilities curve shifts outward due to increased immigration (which enlarges the labor force) .
C) the economy moves from a point inside the production possibilities curve to a point on the curve.
D) any of the above occur.
Correct Answer:
Verified
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