How does shift
in production possibility curve takes place?
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7
Answer:
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Shifts in the production possibilities curve are caused by things that change the output of an economy, including advances in technology, changes in resources, more education or training (that's what we call human capital) and changes in the labor force.
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Answered by
0
Answer:Changes in ppc
Explanation:
1) Shift in ppc:
a) Right ward shift in PPC: The PPC shift rightward due to increase in resources and upgradation in technology
b) Leftward shift in PPC: The PPC shift leftward due to decrease in resources and upgradation in technology
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