Increases in resources or improvements in technology will tend to cause a society's production possibilities curve to:
A) shift inward or to the left.
B) shift outward or to the right.
C) become horizontal.
D) become vertical.

Question

Quizplus · Accepted Answer

Increases in resources or improvements in technology help a society produce more goods and services, which means that the society's production possibilities curve will shift outward or to the right. This is because the society's capacity to produce has increased, making it possible to produce more of both goods and services.

Increases in Resources or Improvements in Technology Will Tend to Cause