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Author Question: Which of the following causes the production possibilities curve to shift to the right? a. d and e. ... (Read 42 times)

Chloeellawright

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on: Jun 30, 2018
Which of the following causes the production possibilities curve to shift to the right?
 a. d and e.
  b. c and e.
  c. A war.
  d. The development of a new technology that improves productivity.
  e. The discovery of oil reserves.

Question 2

Technological innovations will cause:
 a. the production possibilities curve to stay the same.
  b. the production possibilities curve to shift to the left.
  c. the production possibilities curve to shift to the right.
  d. an economy to operate below its production possibilities curve.
  e. the production possibilities curve to increase or decrease.


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popopong

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

a

Answer to Question 2

c


Chloeellawright

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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