Multiple Choice
An increase in productivity as a result of a new technology would cause the production possibilities frontier to:
A) shift in.
B) shift out.
C) not move until society chooses to move it.
D) become more meaningful in policy decisions.
Correct Answer:
Verified
Correct Answer:
Verified
Q60: Suppose an American worker can make 20
Q61: Suppose that,given the same number of workers,the
Q62: Suppose that only two goods are produced
Q64: If the opportunity cost of producing corn
Q66: Suppose England has a comparative advantage over
Q67: Tom and Jerry have two tasks to
Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1248/.jpg" alt=" Consider the production
Q69: Suppose an American worker can make 100
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1248/.jpg" alt=" Consider the production
Q139: The concepts of comparative advantage, specialization, and