Figure 2-2 -Which of the Following Would Most Likely Cause the Production

question 122

Multiple Choice

Figure 2-2
-Which of the following would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB in Figure 2-2?

• A) a decrease in the labor force of the country
• B) a sudden change in consumer preferences for more fish and less breadfruit
• C) a major technological advance
• D) a decrease in the capital stock

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Definitions:

Significant Capital

Refers to a substantial amount of money or resources used by a company to fund significant investments or projects.

Global Franchising

A business strategy that involves a company licensing its business model and brand to operators in other countries.

Advertising Campaigns

A series of advertisement messages that share a single idea and theme intended to promote a product, service, or cause to a targeted audience.

English Speakers

Individuals who are capable of communicating using the English language.