Examlex
Which one of the following would likely shift a production possibilities frontier inward?
Average Product
The output produced per unit of input used; calculated by dividing the total product by the quantity of inputs.
Yards Raked
The total area of yards cleared of leaves or debris, serving as an indicator of performed maintenance or service activity.
Average Product
The output produced per unit of input, calculated by dividing total product by the quantity of input used in its production.
Labor
The human effort, both physical and mental, used in the production of goods and services.
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