Multiple Choice
An economy produces apples and oranges.The dashed line in the figure below represents the production possibilities curve of this economy.Suppose a productivity catalyst in the form of improved agricultural technology is introduced in the economy.In this case,the production possibilities curve will ________.
A) change to PPC 1
B) change to PPC 2
C) change to PPC 3
D) remain unchanged
Correct Answer:

Verified
Correct Answer:
Verified
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