Which of the Following Would Shift the Production Possibilities Frontier

question 105

Multiple Choice

Which of the following would shift the production possibilities frontier outward?

• A)A reduction in inefficiency
• B)A reduction in the size of the labor force
• C)An improvement in technology
• D)A change in the combination of goods produced
• E)Increasing opportunity costs

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Definitions:

Consultative

A style or approach that involves seeking input, feedback, or expertise from others before making decisions or implementing changes.

Group Decisions

Determinations made collectively by multiple individuals, often leading to outcomes that reflect the group's consensus or majority.

Participate

To take part or become involved in an activity or event.

Job Satisfaction

The level of contentment employees feel towards their work, influenced by factors such as work environment, compensation, and job nature.