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PPF - Outward Shifts
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Problem 1
Problem 2
Problem 3
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Problem 7
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Problem 9
PPF - Outward Shifts
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2. Introductory Economic Models / PPF - Outward Shifts / Problem 3
Problem 3
Evaluate the impact of a new software that increases the efficiency of the tech industry on the PPF for tech products.
A
The PPF will shift outward for tech products, allowing for increased production.
B
The PPF will shift inward for tech products, reducing production capacity.
C
The PPF will remain unchanged for tech products.
D
The PPF will shift outward for all products in the economy.
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