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What are the factors that can cause a shift in the production possibilities curve?
Income Taxes
Taxes imposed by the government on the income generated by individuals or entities within its jurisdiction.
Liabilities
Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.
Articles of Partnership
A document that outlines the rules and guidelines for the operation of a partnership, including the responsibilities and profit-sharing among partners.
Capital Balances
The amount of money that partners or shareholders have invested in a company, not withdrawn, and recorded in capital accounts.
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