0 PPF1 -PPF2 Automobiles O increase in the economy s ability to produce automobiles and cell phones Orising stock market O decrease in the availability of factors of production. O decrease in the economy s production of automobiles and cell phones.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The movement from PPF1 to PPF2 indicates a(n):
Cell
phones
0
X
PPF1
Z
-PPF₂
Automobiles
Transcribed Image Text:The movement from PPF1 to PPF2 indicates a(n): Cell phones 0 X PPF1 Z -PPF₂ Automobiles
PPF1
0
-PPF2
Automobiles
O increase in the economy s ability to produce automobiles and cell phones
Orising stock market
O decrease in the availability of factors of production.
O decrease in the economy s production of automobiles and cell phones.
Transcribed Image Text:PPF1 0 -PPF2 Automobiles O increase in the economy s ability to produce automobiles and cell phones Orising stock market O decrease in the availability of factors of production. O decrease in the economy s production of automobiles and cell phones.
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