Below Is a Production Possibilities Curve Involving Tea and Videos

question 155

Multiple Choice

Below is a production possibilities curve involving tea and videos.

-Refer to the graph above to answer this question.What could have caused the shift from PPI to PPII?

• A)A decrease in the price of videos.
• B)Capital accumulation in the tea industry.
• C)A decrease in the opportunity cost of tea.
• D)Technological change in the video industry.

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Definitions:

Minnesota Multiphasic Personality Inventory

A widely used psychological test that assesses personality traits and psychopathology.

Test Takers

Individuals who participate in an examination or assessment, often to measure their knowledge, skills, or abilities.

Psychological Test

Standardized measures designed to assess behavior, personality, or cognitive function.

Inventory

A comprehensive listing or cataloging of items, such as goods in stock or the contents of a property.