For both goods, assume output per hour remains constant as the number of workers allocated to that good changes. Wakanda produces both vibranium and adamantium. With vibranium on the vertical axis and adamantium on the horizontal what happens to the PPF if workers become more productive in producing vibranium but adamantium productivity does not change? Group of answer choices A.The PPF becomes steeper. B.The PPF becomes flatter. C.The PPF shifts out, with the new PPF parallel to the initial PPF. D.The PPF shifts out, but we do not know how the slope of the new PPF compares to the slope of the original PPF. E.The effect on the PPF need not be any of the above.
For both goods, assume output per hour remains constant as the number of workers allocated to that good changes. Wakanda produces both vibranium and adamantium. With vibranium on the vertical axis and adamantium on the horizontal what happens to the PPF if workers become more productive in producing vibranium but adamantium productivity does not change? Group of answer choices A.The PPF becomes steeper. B.The PPF becomes flatter. C.The PPF shifts out, with the new PPF parallel to the initial PPF. D.The PPF shifts out, but we do not know how the slope of the new PPF compares to the slope of the original PPF. E.The effect on the PPF need not be any of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
For both goods, assume output per hour remains constant as the number of workers allocated to that good changes.
Wakanda produces both vibranium and adamantium.
With vibranium on the vertical axis and adamantium on the horizontal what happens to the
Group of answer choices
A.The PPF becomes steeper.
B.The PPF becomes flatter.
C.The PPF shifts out, with the new PPF parallel to the initial PPF.
D.The PPF shifts out, but we do not know how the slope of the new PPF compares to the slope of the original PPF.
E.The effect on the PPF need not be any of the above.
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