Which of the following factors will NOT cause a production possibilities curve to shift away from the origin?
A) New,improved technology.
B) Access to additional productive resources.
C) Easier access to university education.
D) Enforcement of compulsory retirement at age 60,for all workers.
E) Increased expenditure on capital investment.

Question

Quizplus · Accepted Answer

Enforcement of compulsory retirement at age 60, for all workers, will affect the labor force and not resources, technology, or capital investment, which are the main factors that shift the production possibilities curve. Easier access to university education may enhance technology and human capital, thus shifting the curve outward. Access to additional resources and investment in capital goods will increase resources, thus causing the curve to shift outward.

Which of the Following Factors Will NOT Cause a Production