The production possibilities frontier will shift outward
A.
if resources are used to produce consumption goods.
B.
if production occurs outside the production possibilities frontier.
C.
if resources are not used in production.
D.
.if resources are not used to produce capital goods
E.
.if technological advances occur

Question

08-02-2021
Business

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The production possibilities frontier will shift outward
A.
if resources are used to produce consumption goods.
B.
if production occurs outside the production possibilities frontier.
C.
if resources are not used in production.
D.
.if resources are not used to produce capital goods
E.
.if technological advances occur

Sagot :

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PhantomWisdom PhantomWisdom · Answer 1 · 2022-01-28T06:16:00-05:00

D. if resources are used to produce capital goods.

Production possibilities frontier

The PPF (production possibilities frontier) is a collection of points along which a country's economy allocates its resources most efficiently to produce as many things as feasible.
The Production Possibilities Curve, also known as the Production Possibilities Frontier, is a graph that indicates how many units a firm can produce if it only makes two items and uses all of its resources efficiently.
The production possibilities frontier will shift outward D. if resources are used to produce capital goods.

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Sagot :

Production possibilities frontier

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