Which of the Following Would Be Least Likely to Cause

question 100

Multiple Choice

Which of the following would be least likely to cause the production possibilities curve to shift outward?

• A) a decreased desire for leisure by workers in the economy.
• B) an invention that requires fewer resources to produce a good.
• C) a shift in consumer preferences that causes expansion in the output of one product and a decline in output of other products.
• D) an expansion in the man-made productive resources available to the economy as the result of a high rate of investment.

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Definitions:

Catering Supplies

Products and materials used by companies and services that provide food and drink for events, meetings, and parties.

Corporate Function

Roles and activities that support an organization's overall objectives and strategic goals, typically not linked to producing goods or services.

Planning Budget

A budget created for a specific period in the future, outlining expected revenue, expenses, and resource needs.

Vehicle Operating Cost

The total expense associated with maintaining and running a vehicle, including fuel, maintenance, insurance, and depreciation.