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Author Question: The production possibilities frontier will shift if there is a change in a. technology b. ... (Read 95 times)

swpotter12

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on: Jul 1, 2018
The production possibilities frontier will shift if there is a change in
 a. technology
  b. unemployment
  c. product prices
  d. society's preferences for commodities
  e. the quantities of the two goods being produced

Question 2

A production possibilities frontier can shift inward if there is
 a. an increase in the unemployment rate
  b. mandatory retirement at age 55
  c. an improvement in technology
  d. a larger work force
  e. a larger capital stock


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Cnarkel

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


swpotter12

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  • Posts: 527
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

amcvicar

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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