The Figure Given Below Represents the Production Possibilities Curve for Goods

question 78

Multiple Choice

The figure given below represents the production possibilities curve for goods and services in an economy.Figure 2.3

-Which of the following actions is most likely to cause a rightward shift in a production possibilities curve [PPC]?

• A)Shifting from the production of one product to the production of another product
• B)Shifting all resources to the production of one product
• C)Employing idle resources
• D)Using fewer resources in production
• E)Increasing the technological know-how used in production

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Definitions:

Research Designs

The framework or plan for a study that outlines how data is to be collected, analyzed, and interpreted.

Variables

Elements or factors that can change and potentially influence the outcome of scientific research or experiments.

Manipulation

The act or practice of controlling or influencing someone or something to achieve a desired outcome, often in a deceptive way.

Data Collection

The process of gathering and measuring information on targeted variables in a systematic way, enabling one to answer research questions, test hypotheses, and evaluate outcomes.