Ans) the correct option is an increase in resources.
An outward shift in PPF leads to higher productivity which could be because of increased resources meaning more of both capital and consumer goods Can be produced
ts Your quiz may not get submitted properly if you exceed the time limit. Also, if...
Your quiz may not get submitted properly if you exceed the time limit. Also,if possible, use the Grades Syllabus Course Evalua- tions Chat Collaborations D Question 1 3 pts A model (or theory);: is a general statement about the causal relationship between variables based on facts. O O helps explain and predict the relationship between variables. O when expressed as a downward tnegatively) sloping graph implies an inverse relationship between the variables O All of the choices are correct ch...
Announcements Grades Syllabus Course Evalua- Your quiz may not get submitted properly if you exceed the time limit. Also, if possible, use the same computer that you've been using for your class. D Question 7 tions Chat Collaborations 3 pts When price falls, the consumer substitutes the cheaper good for other goods that are now relatively more expensive. This is known as the 52 N O Giffen good effect O substitution effect O income effect O purchasing power effect Next...
Your quiz may not get submitted properly if you exceed the time limit. Also, if possible, use the same computer that you've been using for your class. valua- DQuestion 23 3 pts Which of the following is least likely to result from rent controls set below tions the equilibrium price for rental housing? O The supply of rental housing will increase rapidly O Shortages and black markets will result O People will demand more apartments than are available O The...
se Content Quiz Instructions uncements Your quiz may not get submitted properly if you exceed the time limit. Also, if possible, use the same computer that you've been using for your class. es ous se Evalua D Question 6 3 pts An increase in demand: 16 borations O could be caused by an increase in the price of a substitute good. O could be caused by a decrease in the price of the good. O is shown as movement down...