What determines the position and shape of a society's production possibilities curve?
A)the physical resources of that society
B)the level of technology of the society
C)the number of factories available to the society
D)all of the above

Question

What determines the position and shape of a society's production possibilities curve?
A)​the physical resources of that society
B)​the level of technology of the society
C)​the number of factories available to the society
D)​all of the above

Quizplus · Accepted Answer

The position and shape of a society's production possibilities curve are determined by the physical resources, the level of technology, and the number of factories (which is part of the physical resources) available to the society. These factors collectively influence the maximum output that can be produced.

What Determines the Position and Shape of a Society's Production