Which of the Following Will Shift the Production Possibilities Curve

question 26

Multiple Choice

Which of the following will shift the production possibilities curve outward?

• A) an increase in the capacity utilization of existing factories
• B) a decrease in the market price of goods
• C) an increase in the stock of capital due to the sacrifice of current consumption
• D) an increase in the unemployment rate

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Definitions:

HRM

Human Resource Management, the strategic approach to managing a company's employees to foster a productive and satisfying work environment.

Strategic Change

The process of implementing significant adjustments in an organization's strategy to respond to internal or external shifts and improve performance.

Change Management Process

A systematic approach to dealing with the transition or transformation of an organization's goals, processes, or technologies.

Double-Loop Learning

Double-Loop Learning is a process wherein an organization or individual questions and modifies its objectives, strategies, or beliefs in response to the results of actions.