Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
An increase in technology and resource availability
B
A decrease in consumer demand for goods
C
A temporary reduction in labor force
D
A decline in production efficiency
Understanding the Answer
Let's break down why this is correct
Answer
When the Production Possibilities Curve (PPC) shifts outward, it usually means that an economy can produce more goods and services than before. This shift often happens due to improvements in resources or technology. For example, if a country discovers new ways to grow crops more efficiently, it can produce more food without using more land. Additionally, an increase in the workforce or better education can also lead to more production capacity. Overall, an outward shift shows that the economy has grown and can offer more to its people.
Detailed Explanation
When technology improves or more resources are available, production can increase. Other options are incorrect because Some might think less demand means less production; People may think fewer workers means less production.
Key Concepts
Production Possibilities Curve
Economic Growth
Resource Allocation
Topic
Production Possibilities Curve Shifts
Difficulty
easy level question
Cognitive Level
understand
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.