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Home Q & A Board Other Fields Homework Help Business Economics
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greyfrost greyfrost
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10 months ago

Suppose the economy goes from a point on its production possibilities frontier (PPF) to a point below that PPF. Assuming that the PPF has not shifted, this could be due to



▸

a gain of resources.



▸

a loss of resources.



▸

technological improvement in the production of both goods.



▸

a new law that interferes with economic efficiency.

Textbook 
Economics

Economics


Edition: 12th
Author:
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dressagegal1dressagegal1
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10 months ago
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greyfrost Author
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10 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
megan.xo
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Yesterday
Helped a lot
fgarza2146
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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