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:

Sole Proprietorships

A business structure where the business is owned and run by one individual who bears all the profits and losses.