what is the effect of growth of resources on a ppc
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However, if there is any growth of resources in the economy it leads to an outward shift in the production possibility curve in the economy. This growth in the resources/technology leads to a shift in the PPC, as given by P2P2 curve.
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Answer:
However, if there is any growth of resources in the economy it leads to an outward shift in the production possibility curve in the economy. This growth in the resources/technology leads to a shift in the PPC, as given by P2P2 curve.
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