Figure 2-4 Food products Plastic products Figure 2-4 shows various points on three different production possibilities...

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Figure 2-4 Food products Plastic products Figure 2-4 shows various points on three different production possibilities frontiers for a nation. Refer to Figure 2-4. A movement from X to Y O could be due to a change in consumers tastes and preferences. O could occur because of an influx of immigrant labor O is the result of advancements in food production technology only, with no change in the technology for plastic production. O is the result of advancements in plastic production technology only, with no change in food production technology

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Answer 1

Answer #1

Solution: influx of immigrant labor

Explanation: An influx of immigrants would represent an increase in population and labor force, thus consequently will result in an upward shift on the PPC. Therefore will cause a movement from X to Yin the enclosed fogure

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Answer 2

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Figure 2-4 Food products Plastic products Figure 2-4 shows various points on three different production possibilities...

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