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Kyuubi Kyuubi
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6 years ago
Assume a concave production possibilities curve with a consumer good on the y-axis and a capital good on the x-axis. An improvement in technology used in the capital goods industry will cause the pp-curve to:
A) shift out parallel to itself
B) shift in parallel to itself
C) pivot out around the y-intercept
D) pivot out around the x-intercept
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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angelverdeangelverde
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#1
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6 years ago
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Kyuubi Author
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6 years ago
Thank you, thank you, thank you!
aricketts6@
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this is exactly what I needed
dri
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This site is awesome
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