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Using a Production Possibilities Curve, a Technological Advance That Increases

Question 21

Multiple Choice

Using a production possibilities curve, a technological advance that increases the amount of output for the same amount of inputs would be illustrated as a(n) :


A) flattening of the curve.
B) movement from one point to another point along the curve.
C) outward shift of the curve.
D) movement from a point on the curve to a point inside the curve.

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