When technology of production improves what happens to theproduction possibilities frontier?does not affect the PPF.shifts the PPF inward, toward the origin.shifts the PPF outward, away from the origin.rotates the PPF outward, making it less steep.

The production possibility frontier (PPF) depicts the combination of two goods that can be produced…

Answered: When technology of production improves…

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When technology of production improves what happens to the production possibilities frontier?

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth

Section: Chapter Questions

Problem 9SQ

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Question

When technology of production improves what happens to the
production possibilities frontier?
does not affect the PPF.
shifts the PPF inward, toward the origin.
shifts the PPF outward, away from the origin.
rotates the PPF outward, making it less steep.

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