Which of the Following Is Likely to Affect the Position

question 85

Multiple Choice

Which of the following is likely to affect the position and shape of society's production possibilities frontier?

• A)volume of physical resources 
• B)level of labor skills 
• C)level of technology 
• D)amount of factories on hand 
• E)All of the above are correct.

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Definitions:

Labour Hours

The total hours worked by employees in the production of goods or delivery of services.

Cash Balance

The total amount of cash or cash equivalents a company or individual has available at any given time.

Disbursements

Payments made by a business, including expenses, cash distributions to shareholders, or investments.

Financing

The act of supplying capital for company operations, acquisitions, or investment activities.