Solved

FIGURE 2-13 -Refer to Figure 2-13. Which of the Following Is a the Following

Question 152

Multiple Choice

FIGURE 2-13
FIGURE 2-13 -Refer to Figure 2-13. Which of the following is a possible explanation for the shift of the production possibilities curve illustrated above? A) an increase in the number of idle factories B) a technological advance that affects both pizza and bicycle production C) a decrease in the quantity of labour available due to emigration D) a technological advance that affects only bicycle production
-Refer to Figure 2-13. Which of the following is a possible explanation for the shift of the production possibilities curve illustrated above?


A) an increase in the number of idle factories
B) a technological advance that affects both pizza and bicycle production
C) a decrease in the quantity of labour available due to emigration
D) a technological advance that affects only bicycle production

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q46: In a market economy, prices help determine

Q147: FIGURE 2-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-10

Q148: FIGURE 2-12<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-12

Q149: Which of the following will NOT shift

Q150: FIGURE 2-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-5

Q151: FIGURE 2-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-11

Q153: Lumber prices fall in Calgary, Alberta, because

Q154: If the production possibilities curve is a

Q155: FIGURE 2-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-3

Q157: FIGURE 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-2