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PPF - Outward Shifts
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
PPF - Outward Shifts
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2. Introductory Economic Models / PPF - Outward Shifts / Problem 4
Problem 4
Which of the following scenarios would result in an outward shift of the entire PPF?
A
A new method of producing a specific type of machinery.
B
A technological advancement in the smartphone industry.
C
A general increase in resources or technology, such as an influx of labor due to immigration.
D
A decrease in the availability of natural resources.
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