Question

The government established a large number of Institution of Science and Technology how will it affect the production possibility frontier explain ?​

Answer 1

Answer:

The government established a large number of Institutions on Science and technology,by which a large number of Engineers produced and there required Such Companies also, then, Production of Such products increased, firstly it affect the import, i.e import of such things decreased. Finally the product we import from them once ,we have now surplus of these