--%>
Assignment Help - homework help

Inward shifts of a production possibilities frontier

The inward shifts of a production possibilities frontier take place if: (i) Markets substitute brute force as the main allocative method. (ii) Technological advances stimulate the entrepreneurial gains. (iii) Investment facilitates expanded the consumption. (iv) Labor force participation expands relative to the population. (v) Previous output levels become unachievable.

Choose the right answer from the above options.

   Related Questions in Econometrics

  • Q : Division of Labor I have a problem in

    I have a problem in economics on Division of Labor. Please help me in determining the right answer from the following question. Shannon brewing an espresso drinks whereas Kelly bakes the croissants at their coffee shop are an illustration of: (i) Comp

    		•
  • Q : Problem regarding opportunity cost In a

    In a completely employed economy, the reduction in an output for one good which is needed to raise the output of another good: (1) Symbolizes an opportunity cost. (2) Makes society inferior off than before. (3) Enhances economic welfare. (4) Needs tec

    		•
  • Q : Maximum output in absence of

    In the nonattendance of diminishing returns, the maximum output of food from the flower pot (or land) and limitless amounts of other resources would be sufficient to feed: (1) The grasshopper. (2) One skinny family. (3) One mouse. (4) All of the world.

    Q : Market-based economic system I have a

    I have a problem in economics on Market-based economic system. Please help me in getting the accurate answer from the following question. The market-based economic system: (1) Is ‘natural’ as it exists in each and every society. (2) Has do

    		•
  • Q : Significant economic roles The ‘mixed

    The ‘mixed economy’ is one which is characterized by: (1) A diverse industrial base employing different applied technologies. (2) Significant economic roles for both private and public sectors. (3) Regional industries with intrastate and inter trade. (4) B

    		•
  • Q : Circular Flow Model-People in households

    I have a problem in economics on Circular Flow Model-People in households. Please help me in the following question. In a simple circular flow model, the ‘owners’ of all the resources are classified as: (i) Employees. (ii) Entrepreneurs. (

    		•
  • Q : Equality in the distribution of income

    The real economic growth and development are evaluated by the changes in total value which people place on their income and doing the things they enjoy. The real sources of growth would not comprise: (1) The profits in consumption which are made acces

    		•
  • Q : Opportunity costs in producing units I

    I have a problem in economics on Opportunity costs in producing units. Please help me in the following question. Since output is raised in a fully employed economy, the opportunity costs incurred to generate additional units of a good tend to: (i) Dro

    		•
  • Q : Shifting the curve up and out I have a

    I have a problem in economics on shifting the curve up and out. Please help me in the following question. Economic growth is described with the production possibility curve by: (1) Moving all along the curve. (2) Shifting the curve down and in. (3) Shifting the curve

    		•
  • Q : Unemployment- Production possibility

    I have a problem in economics on Unemployment- Production possibility curve. Please help me in the following question. Unemployment is exhibited with the production possibility curve through: (i) Move all along the curve. (ii) Shifting the curve down.

    		•