Refer to the information provided in Figure 2.6 below to answer the questions that follow. Figure 2.6
-Refer to Figure 2.6. If the economy is at ppf^{2, a change}^{in consumer taste would be shown by a}

Question

Refer to the information provided in Figure 2.6 below to answer the questions that follow.

Figure 2.6
-Refer to Figure 2.6. If the economy is at ppf^{2, a change}^{in consumer taste would be shown by a}

Quizplus · Accepted Answer

A change in consumer taste would result in a movement along the current PPF (ppf²), as the economy is still limited by its current resources and technology. Therefore, the correct choice is (C) which describes a movement along ppf².

Refer to the Information Provided in Figure 2