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Which of the following will not produce an outward shift of the production possibilities curve? A an upgrading of the quality of a nation's human resources. B the reduction of unemployment. C an increase in the quantity of a society's labor force. D the improvement of a society's technological knowledge. Answer Save. 1 Answer.Plug power meter
Which of the following will not produce an outward shift of the production possibilities curve? A an upgrading of the quality of a nation's human resources. B the reduction of unemployment. C an increase in the quantity of a society's labor force. D the improvement of a society's technological knowledge. Answer Save. 1 Answer.

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An increase in the capital stock and advance in technology will both cause production possibilities increase and make the production potentials curve shift outward. When the number of labor force increases, economy possibilities to produce goods and services will increase too therefore the production potentials curve shift outward.

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Interpreting graphs of the production possibilities curve (PPC) Our mission is to provide a free, world-class education to anyone, anywhere. Khan Academy is a 501(c)(3) nonprofit organization.

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44) Technological progress tends to make the production possibility frontier A) shift inward toward the origin. B) become more linear and less bowed. C) shift outward from the origin. D) become less linear and more bowed. 44) 45) Production points inside the PPF are A) efficient but not attainable.

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Which of the following will not produce an outward shift of the production possibilities curve? A. an upgrading of the quality of a nation's human resources B. the reduction of unemployment C. an increase in the quantity of a society's labor force D. the improvement of a society's technological knowledge

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Jan 09, 2018 · Increase in resources, such as increased adult population, increased immigration, improved work ethics, increased spending on training and educating workers, increase motivation of workers, increased retirement age, deceased school leaving age, in...

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A. supply curve to shift to the left. B. quantity supplied to increase. C. quantity supplied to decrease. D. supply curve to shift to the right. E. demand curve to shift to the left. 8. If equilibrium exists: A. all individuals must have an equal amount of income. B. the price in that market will not fluctuate by more than 5%.

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Therefore to achieve any point beyond PPC, there is need for increase in the present supply of resources and technology which leads to an outward shift in PPC as overall production increases which results in economic growth.

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If the economy maintains this rate of capital formation, then the production possibility curve will go on shifting and the economy will be growing annually at a certain fixed rate. It should be noted that in Figure 5.6, as a result of low rate of capital formation, production possibility curve shifts outward at a relatively slow speed.

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This would cause the entire demand curve to shift changing the equilibrium price and quantity. Note in the diagram that the shift of the demand curve, by causing a new equilibrium price to emerge, resulted in movement along the supply curve from the point (Q 1, P 1) to the point (Q 2, P 2).

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The production possibilities curve is also called the PPF or the production possibilities frontier. The PPF simply shows the trade-offs in production volume between two choices. All choices along the curve shows production efficiency of both goods. Production points inside the curve show an economy is not producing at its comparative advantage.

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