A production possibilities frontier shifts outward when
A)the economy experiences economic growth.
B)the desires of the economy's citizens change.
C)at least one of the basic principles of economics is violated.
D)opportunity costs are lessened.

Question

Quizplus · Accepted Answer

A production possibilities frontier shifts outward when the economy experiences economic growth, which means it is able to produce more goods and services than it was before without sacrificing the production of other goods and services. This can be due to an increase in the quantity or quality of resources, technological advancements, or improvements in the efficiency of production.

A Production Possibilities Frontier Shifts Outward When