Multiple Choice
Figure 2-4 
Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4. Consider the following events:
a. an increase in the patent protection period to 30 years
b. an increase of a nation's capital stock
c. an improved property rights system
Which of the events listed above could cause a movement from V to W?
A) a only
B) a and b only
C) a and c only
D) b and c only
E) a, b, and c
Correct Answer:
Verified
Correct Answer:
Verified
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