Which of the Following Would Not Shift the Production Possibilities

question 201

Multiple Choice

Which of the following would not shift the production possibilities frontier?

• A)an increase in worker training
• B)a war that destroyed many buildings
• C)a technological improvement that improved fuel efficiency in cars
• D)a decrease in the size of the labor force
• E)a change to a more inefficient production process

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Definitions:

Marketing Plan

A strategic roadmap businesses use to organize, execute, and track their marketing strategy over a given time period.

Marketing Dashboard

The visual display of the essential information related to achieving a marketing objective.

Corrective Tool Checklist

A list of items or actions used to address problems or errors found in a product, system, or process.

Generic Business Strategy

A strategy that can be adopted by any firm, regardless of the product or industry involved, to achieve a competitive advantage.