Multiple Choice
Which of the following is a possible explanation for the shift of the production possibilities curve illustrated?
A) an increase in the number of idle factories
B) a technological advance that affects only bicycle production
C) a technological advance that affects both pizza and bicycle production
D) a decrease in the quantity of labor available due to emigration
Correct Answer:

Verified
Correct Answer:
Verified
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Q144: Exhibit 3-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-3
Q145: Which of the following will shift the
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Q151: Exhibit 3-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-3
Q152: A production possibilities curve is negatively sloped
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