When using a production possibilities frontier (PPF), a trade-off is demonstrated by a movement from a point inside the PPF to a point on the frontier. an inward shift of the PPF. an outward shift of the PPF. O a movement along the PPF.
When using a production possibilities frontier (PPF), a trade-off is demonstrated by a movement from a point inside the PPF to a point on the frontier. an inward shift of the PPF. an outward shift of the PPF. O a movement along the PPF.
Chapter7: Economic Growth: Theory And Policy
Section: Chapter Questions
Problem 4TY
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![When using a production possibilities frontier (PPF), a trade-off is demonstrated by
a movement from a point inside the PPF to a point on the frontier.
an inward shift of the PPF.
an outward shift of the PPF.
O a movement along the PPF.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7c28e1c4-ae46-491e-a8aa-e58088b6db7e%2F18af371e-f10d-4b35-aaae-21da7c681789%2Faadggme_processed.jpeg&w=3840&q=75)
Transcribed Image Text:When using a production possibilities frontier (PPF), a trade-off is demonstrated by
a movement from a point inside the PPF to a point on the frontier.
an inward shift of the PPF.
an outward shift of the PPF.
O a movement along the PPF.
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