Which of the Following Is True About the Production Possibilities

question 89

Multiple Choice

Which of the following is true about the production possibilities curve when a technological progress occurs? The curve:

• A) shifts inwards to the left.
• B) becomes flatter at one end and steeper at the other end.
• C) becomes steeper.
• D) shifts outward to the right.
• E) does not change.

---

Definitions:

Virtual community

A group of people who share interests, values, or goals and interact with each other over the internet.

Reference group

A social group that an individual uses as a standard for evaluating themselves and their own behavior.

Social network

A structure made up of individuals or organizations called "nodes," which are connected by one or more types of interdependency, such as friendships, kinship, common interest, or relationships of beliefs, knowledge, or prestige.

Centrality

The importance, prominence, or influence of a certain point or element within a network or system.