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Cushions
The graph is a production possibilities chart. Which of these would be MOST likely to cause the line to move to the right?
A)
higher labor costs
B)
an increase in prices
C)
shortage of required resources
D)
improved technology in whoopee cushion production
Fundamental Economic Concepts
(SSEFL:SSE 4. SSEF6.d) Opportunity costs & Scarcity
ID: 456
Hint


Sagot :

Answer: The Answer is D

Explanation:

If production possibilities line expands, production is increased. Improved technology in whoopee cushions production might cause such an increase

The production possibility that is likely to cause the line to move to the right is through the improved technology in whoopee cushion production. Thus, option (D) is correct.

What is Production?

Production refers to the produce of the goods and services by the manufacturer in the factory and selling it directly or indirectly to its ultimate consumers. It converts the raw materials into the finished products to satisfy the needs and wants of the consumers.

The reason for the shift of the line from the left to right implies that production will increase immensely due to use of the improved technology in the industry. It will also reduce the cost of the production.

Therefore, it can be concluded that The prospect of production that will probably cause the line to shift to the right is the development of better technology for making whoopee cushions. Hence, option (D) is correct.

Learn more about production possibility here:

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