How Can the Production Possibilities Frontiers Shift Outward

question 27

Multiple Choice

How can the production possibilities frontiers shift outward?

• A) if government increases the amount of money in the economy
• B) if there is an increase in technology
• C) if resources can be moved from the production of one good to another
• D) if opportunity costs are reduced

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Definitions:

Company Fault

A situation where a mistake or wrongful act can be attributed to a company or corporation, typically leading to liability or responsibility.

Natural Fabrics

Materials derived from animals, plants, or mineral sources, used in textile production without synthetic processes.

Earth-Friendly Dyes

Dyes made from natural sources or processes that are less harmful to the environment than traditional synthetic dyes.

Repair Relationship

The process of mending or improving a damaged relationship through communication, understanding, and compromise.