-The Figure Above Shows How the PPF for Cell Phones

question 6

Multiple Choice

-The figure above shows how the PPF for cell phones and new cell-phone factories can expand.In the figure,if the economy chose the point on this year's PPF that is above point K,the next year's PPF would

• A) shift outward along the horizontal axis farther than the new PPF shown in the figure.
• B) shift outward along the horizontal axis, but not as far as the new PPF shown in the figure.
• C) shift outward along the vertical axis, not along the horizontal axis.
• D) shift inward along the horizontal axis.
• E) shift inward along the vertical axis.

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Definitions:

Equivalent Statements

Propositions that have the same truth value in every possible scenario.

Contradictory

Relating to statements, ideas, or propositions that directly oppose each other, such that if one is true, the other must be false.

Inconsistent

Containing elements that are logically in conflict with each other, unable to be true in the same context or at the same time.

Truth Tables

A table used in the field of logic to calculate the values of logical expressions based on their arguments.