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Nikolas Nikolas
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10 months ago

Suppose the economy goes from a point on its production possibilities frontier (PPF) to a point directly to the left of it. 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 productive efficiency.

Textbook 
Economics

Economics


Edition: 12th
Author:
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Dark_ShadowDark_Shadow
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10 months ago
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Nikolas Author
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10 months ago
Good timing, thanks!
carston
wrote...

Yesterday
Thanks
Shuqin
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2 hours ago
Correct Slight Smile TY
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