This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A production possibilities frontier can shift outward for all of the following reasons except one. ... (Read 82 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
A production possibilities frontier can shift outward for all of the following reasons except one. Which is the exception?
 a. a decrease in the unemployment rate
  b. an improvement in labor skills
  c. an improvement in technology
  d. a larger work force
  e. a larger capital stock

Question 2

An improvement in technology would
 a. enable the economy to produce outside its original production possibilities frontier
  b. enable the economy to move along its original production possibilities frontier
  c. eliminate scarcity; therefore, the production possibilities frontier would no longer exist
  d. have no effect on the production possibilities frontier
  e. change the production possibilities frontier to a line with a positive slope


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


EAugust

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Eversion and Inversion Eversion–Turning outward. Inversion–Turning inward. Eversion and Inversion Eversion–Turning outward. Inversion–Turning inward.
Cotton Production and Slave Population, 1800–1860 Cotton Production and Slave Population, 1800–1860
Modern Predication of Peak in Global Oil Production Modern Predication of Peak in Global Oil Production
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Video: PET Scan Animation

For a complete list of videos, visit our video library