Question
What change would have to occur for the economy to move from a point on the production possibilities curve to outside and to the right
What change would have to occur for the economy to move from a point on the production possibilities curve to outside and to the right of the curve?
A) The economy would have to decrease its production of one good and increase its production of another good. | ||
B) There would have to be an increase in the amount of inputs needed to produce a given quantity of housewares. | ||
C) There would have to be an increase in resources. |
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
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