Multiple Choice
Which of the following would shift the production possibilities frontier outward?
A) a reduction in inefficiency
B) a reduction in the size of the labour force
C) an improvement in technology
D) a change in the combination of goods produced
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: Which of the following is a point
Q44: In a period of one week, Mohammed
Q45: In the period of one week, Mohammed
Q46: What does "efficiency" refer to? <br>A) producing output
Q47: Eileen has a comparative advantage over Jan
Q49: Suppose Julian has the absolute advantage in
Q50: When does barter occur? <br>A) when two people
Q51: Regarding the economic question "What will be
Q52: What can be concluded if Sam can
Q53: Recognition of the incentive power of property