An increase in general resources that affects the production of both goods on a production possibilities frontier (PPF) would cause a(n) a) outward shift of the PPF. O b) inward shift of the PPF. O g increase in the maximum amount of goods achievable on the x-axis and have no change on the y-axis. d) increase in opportunity cost.

An increase in general resources that affects the production of both goods on a production possibilities frontier (PPF) would cause a(n) a) outward shift of the PPF. O b) inward shift of the PPF. O g increase in the maximum amount of goods achievable on the x-axis and have no change on the y-axis. d) increase in opportunity cost.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 9P

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