A Technological Advance Would Best Be Represented by

question 93

Multiple Choice

A technological advance would best be represented by

• A) A shift outward of the production possibilities curve.
• B) A shift inward of the production possibilities curve.
• C) A movement from inside the production possibilities curve to a point on the production possibilities curve.
• D) A movement from the production possibilities curve to a point inside the production possibilities curve. The shift would move the production possibilities curve away from the origin so that we can get more of both goods.

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Definitions:

Reform

The process of making changes to something in order to improve it, especially in social, political, or economic institutions or practices.

Utopian Communities

Idealistic communities created with the aim to achieve a perfect social, moral, and political life, often by adopting radically different ways of living.

Perfectionist Ideal

The pursuit of flawlessness and setting excessively high performance standards.