Which of the following best describes how growth is illustrated using a production possibility frontier (PPF)?
a) It is illustrated as a movement down and to the right along the PPF.
b) It is illustrated as an inward shift of the PPF.
c) It is illustrated as an outward shift of the PPF.
d) It is illustrated as a movement up and to the left along the PPF.

Question

07-06-2024
Business

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Which of the following best describes how growth is illustrated using a production possibility frontier (PPF)?
a) It is illustrated as a movement down and to the right along the PPF.
b) It is illustrated as an inward shift of the PPF.
c) It is illustrated as an outward shift of the PPF.
d) It is illustrated as a movement up and to the left along the PPF.

Sagot :

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