Suppose an economy produces televisions and turkeys. The accompanying table shows several of the economys efficient output

Question:

Suppose an economy produces televisions and turkeys. The accompanying table shows several of the economy’s efficient output combinations. Draw the production possibilities frontier for this economy on a graph with the quantity of televisions on the horizontal axis and the quantity of turkeys on the vertical axis. Label this curve PPF₁.

Now suppose that economic growth allows the economy to produce the output combinations shown in the following table. Draw the new PPF on the graph you have already created for this economy and label it PPF₂. Identify one type of change that makes economic growth possible.