Figure 2-7 -Refer to Figure 2-7. What Would Most Likely Have Caused

question 153

Multiple Choice

Figure 2-7
-Refer to Figure 2-7. What would most likely have caused the production possibilities frontier to shift outward from A to B?

• A) an increase in resources necessary to produce capital goods
• B) an improvement in the technology of producing consumer goods
• C) an increase in the overall level of technology in the economy
• D) an increase in opportunity cost

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Definitions:

Sociological Research

The systematic study of social behavior, structures, and functions with the aim of understanding and explaining human social relationships.

Social Context

The sociocultural, historical, and environmental factors and conditions influencing individuals' lives and interactions.

Social Advantages

Benefits or privileges that individuals or groups have due to their position in society or social hierarchies.

Numerical Majority

Refers to the larger part of a group or population, representing the greatest number of individuals within the group.