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The chips production company has discovered a new technology of production. In terms of the production possibility frontier, what type of movement will be observed:
The chips production company has discovered a new technology of production. In terms of the production possibility frontier, what type of movement will be observed:
a- a movement that shifts the production possibility frontier outward, away from the origin.
b-a movement from a point outside the frontier toward the origin.
c- a movement from a point inside the frontier to a point on it.
d- a movement along the frontier
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