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

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.

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