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Author Question: Adding more resources causes: a. downward movement along a production possibilities curve. b. the ... (Read 52 times)

BrownTown3

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on: Jun 30, 2018
Adding more resources causes:
 a. downward movement along a production possibilities curve.
  b. the production possibilities curve to shift in.
  c. upward movement along a production possibilities curve.
  d. the production possibilities curve to shift out.
  e. the production possibilities curve to become positively sloped.

Question 2

Which of the following would not lead to a shift in an economy's production possibilities curve?
 a. Change in technology.
  b. Change in the number of resources.
  c. An earthquake.
  d. Improvement in the education level.
  e. Change in the composition of current output.


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ms_sulzle

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


BrownTown3

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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