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e |?https://newconnect.mheducation.com/flow/connect.html cs 5-7 6 Use the follow

ID: 1156621 • Letter: E

Question

e |?https://newconnect.mheducation.com/flow/connect.html cs 5-7 6 Use the following diagram to answer the next question Censemer Goods The most likely reasons for an economy to have a production possibilities frontier of CD while the economy is operating at point X are Mutiple Choice technological progress and industrial change increases in the quantity and the quslty of sesources improvement in labor productivity and the number of work hours uneeployment and inefficient allocation of resources here to search LG F2 F4 FS F6 F8

Explanation / Answer

a) technological progress and industrial change

Technological progress increases the production of capital and consumer goods both which shifts PPC rightwards and reach CD.