An Increase in General Resources That Affects the Production of Both

question 52

Multiple Choice

An increase in general resources that affects the production of both goods on a production possibilities frontier (PPF) would cause an

• A) inward shift of the PPF.
• B) outward shift of the PPF.
• C) outward rotation along the x axis.
• D) outward rotation along the y axis.
• E) increase in opportunity cost.

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Definitions:

Extended Oil Drain Intervals

Practices or technologies that allow for longer periods between oil changes in engines or machinery, enhancing efficiency and reducing maintenance.

OEMs

Stands for Original Equipment Manufacturers, which are companies that produce parts and equipment that may be marketed by another manufacturer.

Differential Carriers

The housing that contains the differential gear mechanism, supporting and enabling the differential to divide torque between wheels.

Differential Carrier Housing

A component that encases the differential gear system, protecting it and supporting its function in a vehicle.