A Change from an Inefficient Mix to an Efficient Mix

question 263

Multiple Choice

A change from an inefficient mix to an efficient mix of output would BEST be represented with a production possibilities frontier (PPF) as a:

• A) shift outward of the PPF.
• B) shift inward of the PPF.
• C) movement from inside the PPF onto the PPF.
• D) movement from a point on the PPF to a point inside the PPF.

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Definitions:

Product Material

The raw substances or components used in the manufacturing or construction of a product.

Actuators

Devices that convert energy (usually electrical, hydraulic, or pneumatic) into mechanical motion to perform a physical task or operation.

Physical Information

Information that pertains to the physical world, often gathered through observation or measurement and used in analysis or decision making.

Electrical Signals

Variations in electric currents or electromagnetic fields used to convey information between components or systems.