The Following Questions Refer to the graph below. -Which of the following could explain a shift in the production possibilities curve from TT₁ to TT₂? A)Over-utilization of pollution control activities B)Better techniques of pollution control C)Higher prices for other goods and services D)Increased benefits from pollution control E)Better technology for producing other goods and services

Question

Quizplus · Accepted Answer

A shift from TT₁ to TT₂ indicates an increase in the production of pollution control activities while the production of other goods and services remains the same. This can be explained by the adoption of better techniques of pollution control, which would allow more pollution control activities to be produced without sacrificing the production of other goods and services.

The Following Questions Refer to the Graph Below