What are the possible situations when PPC is shifts rightward or leftward.
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It may be in the form of discovery of new natural resources, availability of new machinery through saving and investment, and increase in skilled and unskilled labour through population growth. As a result more of two goods can be produced causing rightward shift of PPC. (it) When there is improvement in technology.
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Hiii MATe ☺☺
When resources of an economy increase. It may be in the form of discovery of new natural resources, availability of new machinery through saving and investment, and increase in skilled and unskilled labour through population growth. As a result more of two goods can be produced causing rightward shift of PPC.
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