Multiple Attempts This test allows 3 attempts. This is attempt number 1. Force C

Question

Multiple Attempts This test allows 3 attempts. This is attempt number 1. Force Completion This test can be saved and resumed later This test does not allow backtracking. Changes to the answer after submission are prohibited Question Completion Status: A Moving to the next question prevents changes to this answer Question 6 How is a technological advance that increases the productivity of all inputs best illustrated on the production possbilities curve? a. as a flattening of the production possibilities curve O b. as an outward shift of the production possibilities curve c. as a movement along the production possibilities curve d. as an inward shift of the production possibilities curve Moving to the next question prevents changes to this answer 3

Explanation / Answer

b is the correct option

Reason

If the technological change makes it possible to produce all the goods in higher amount using current resources, the PPC curve will shift outward.

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