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Home Q & A Board Other Fields Homework Help Business Economics
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maryanne.jones3 maryanne.jones3
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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.



▸

an increase in unemployment of some resources.

Textbook 
Economics

Economics


Edition: 12th
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dhk72dhk72
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an increase in unemployment of some resources.
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