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Narrabegin Exhibit 2.11 Production Possibilities Frontiers

Question 87

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Narrabegin Exhibit 2.11 Production possibilities frontiers Narrabegin Exhibit 2.11 Production possibilities frontiers   -In 2002 a country, in Exhibit 2.11, is located at point A on its 2002 production possibilities curve. In 2003 this same country is located at point B on its 2003 production possibility curve. Which of the following could have brought about this shift in production possibilities curves? A)  More efficient production in 2002. B)  A natural disaster in 2002 which leads to a destruction of resources. C)  Higher unemployment in 2002. D)  An advance in technology occurring in 2002.
-In 2002 a country, in Exhibit 2.11, is located at point A on its 2002 production possibilities curve. In 2003 this same country is located at point B on its 2003 production possibility curve. Which of the following could have brought about this shift in production possibilities curves?


A) More efficient production in 2002.
B) A natural disaster in 2002 which leads to a destruction of resources.
C) Higher unemployment in 2002.
D) An advance in technology occurring in 2002.

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