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PPF - Outward Shifts
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Problem 1
Problem 2
Problem 3
Problem 4
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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 4
Problem 4
How do the effects of a technological advance in the computer industry compare to a general technological advance across all industries on the PPF?
A
Both advances will shift the PPF outward for all goods.
B
The computer industry advance will have no effect on the PPF.
C
Both advances will shift the PPF inward for all goods.
D
The computer industry advance will shift the PPF outward only for computers, while a general advance will shift the PPF outward for all goods.
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