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Figure 2.3 Figure 2.3 Shows Various Points on Three Different Production Possibility

question 3

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Figure 2.3
Figure 2.3     Figure 2.3 shows various points on three different production possibility frontiers for a nation. -Refer to Figure 2.3. A movement from X to Y: A) could be due to a change in consumers' tastes and preferences. B) could occur because of an influx of immigrant labour. C) is the result of advancements in food production technology only, with no change in the technology for plastic production. D) is the result of advancements in plastic production technology only, with no change in food production technology.
Figure 2.3 shows various points on three different production possibility frontiers for a nation.
-Refer to Figure 2.3. A movement from X to Y:


Definitions:

Positive Correlation

When one variable is high, the other variable tends to be high as well.

Socially Desirable

Behaviors or traits that are valued and approved of by a social group or society.

Self-Report Measure

A type of psychological test or questionnaire where individuals provide responses about themselves, often concerning behaviors, thoughts, or feelings.

Small Positive Correlation

A statistical relationship indicating a slight increase in one variable is associated with a slight increase in another variable.

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