Figure 2-4 shows various points on three different production possibilities frontiers for a nation. 13) Refer to Figure 2-4. A movement from X to Y 13) ______A) could occur because of an influx of immigrant labor.B) is the result of advancements in food production technology only, with no change in the technology for plastic production.C) is the result of advancements in plastic production technology only, with no change in food production technology.D) could be due to a change in consumers' tastes and preferences.

PPF(Production Possibility Frontier) shows different levels of combination of two goods (here, food…

Answered: 3) Refer to Figure 2-4. A movement from…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Figure 2-4 shows various points on three different production possibilities frontiers for a nation.

13) Refer to Figure 2-4. A movement from X to Y 13) ______

A) could occur because of an influx of immigrant labor.
B) is the result of advancements in food production technology only, with no change in the technology for plastic production.
C) is the result of advancements in plastic production technology only, with no change in food production technology.
D) could be due to a change in consumers' tastes and preferences.

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