Which One of the Following Will Not Cause the Production

question 88

Multiple Choice

Which one of the following will not cause the production possibilities curve to shift outward?

• A)​improvements in the stock of land
• B)​increased educational opportunities
• C)​a very low birth rate
• D)​increased entrepreneurial activity

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Definitions:

Economy

The system by which goods and services are produced, distributed, and consumed within a particular geographical region.

Production Possibilities Frontier

A curve depicting all possible combinations of two goods that can be produced with available resources and technology.

Factors Of Production

The resources used in the process of production, including land, labor, capital, and entrepreneurship.

Production Technology

The methods, equipment, and processes used to produce goods and services, encompassing both physical machinery and software systems.