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rsteel rsteel
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A year ago
Consider Canada's production possibilities boundary. Suppose a scientific breakthrough leads to a lower-cost method of producing battery-operated cars in Canada. The likely effect would be to move Canada's current production

▸ above the level of U.S. production.

▸ to a point beyond its new production possibilities boundary.

▸ possibilities boundary inward.

▸ to a point inside its new production possibilities boundary.

▸ possibilities boundary outward.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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mossaddsmossadds
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A year ago
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