Solved

Which of the Following Could Lead to an Inward Shift

Question 134

Multiple Choice

Which of the following could lead to an inward shift of the production possibilities frontier?


A) an increase in the cost of one good
B) an increase in the utilization of resources
C) a rise in the level of technology
D) a law is passed whereby a mandatory retirement age of 60 is imposed
E) a decrease in the utilization of resources

Correct Answer:

verifed

Verified

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

Related Questions

Q129: Figure 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-8

Q130: One of the concepts that is illustrated

Q131: Figure 2-13<br>Total Lives Saved<br> <span

Q132: Figure 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-2

Q133: Figure 2-12<br> <span class="ql-formula" data-value="\begin{array}

Q135: Which of the following best defines the

Q136: According to the law of comparative advantage,individuals

Q137: The three problems of resource allocation are

Q138: In deciding where to operate along its

Q139: We say that a particular life saving