Which of the following would most likely shift the production possibilities curve outward? O 1. a decrease in the number of hours factories are in use. O 2. a decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time. O 3. an increase in capital formation in form physical capital. O 4. natural disaster that affects infrastructure and damages land.
Which of the following would most likely shift the production possibilities curve outward? O 1. a decrease in the number of hours factories are in use. O 2. a decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time. O 3. an increase in capital formation in form physical capital. O 4. natural disaster that affects infrastructure and damages land.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![Which of the following would most likely shift the production possibilities
curve outward?
O 1. a decrease in the number of hours factories are in use.
O 2. a decrease in the average number of hours worked per week as the labor
force chooses to enjoy more leisure time.
O 3. an increase in capital formation in form physical capital.
O 4. natural disaster that affects infrastructure and damages land.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F477bceb6-54a8-4ff1-8d24-6417d1fce693%2F43a6bf88-299d-4bc6-84d7-2f11f486e771%2F400vay7_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following would most likely shift the production possibilities
curve outward?
O 1. a decrease in the number of hours factories are in use.
O 2. a decrease in the average number of hours worked per week as the labor
force chooses to enjoy more leisure time.
O 3. an increase in capital formation in form physical capital.
O 4. natural disaster that affects infrastructure and damages land.
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