If society were to experience an increase in its available resources, its production possibilities frontier would:
A) shift outward.
B) shift inward.
C) not move.
D) become convex.

Question

Quizplus · Accepted Answer

An increase in available resources would mean that society can produce more goods and services with the same level of technology and workforce. This leads to an outward shift in the production possibilities frontier.

If Society Were to Experience an Increase in Its Available