Economy, asked by beatstartup863, 10 months ago

What will happen to ppc if resources are increased and technology is outdated

Answers

Answered by shivampalei14
1

Answer:

new and better technology will lead to out world shift in production possibility curve. It means that more goods can be produced with the same amount of resources. Technology will definately have a impact on production possibility curve if and only if (IFF). Quantity and quality of input resources remains the same.

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