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greyfrost greyfrost
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2 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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2 months ago
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a new law that interferes with economic efficiency.



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greyfrost Author
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Just got PERFECT on my quiz
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