--%>

Technological advances in Production Possibilities Frontiers

Movements all along the production possibilities curve would not replicate: (1) Technological advances. (2) A society’s choice-making among alternative output combinations. (3) The limiting factor of scarcity in output choices. (4) Opportunity costs.

Choose the right answer from the above options.

   Related Questions in Public Economics

  • Q : Existence of economic inefficiency

    Economic inefficiency exists while there is: (1) A society suffers through economic inequity. (2) No approach for anyone to gain unless someone else loses. (3) Additional output could be generated at lower cost. (4) Maximum net benefits are acquired f

  • Q : What would be contained in fundamental

    Fundamental economic questions consist of: (w) what, for whom and how. (x) where, how and when. (y) when, how and what. (z) how many, how much and what color,. Hey friends please give your opinion for the problem o

  • Q : Illustrate an economics problem of

    Assume that Michael Jordan purchases the New Jersey Nets basketball franchise and, expecting an explosion of sales at his car dealerships, he instructs two hundred new extra Toyotas. By an economic perspective, his buy of the Nets franchise is: (w) smart marketing str

  • Q : Earn zero profit in long run by

    Which of the given statements is right?: w) Economic profit takes within account all costs involved within producing a product. x) Accounting profit is not relevant within preparing the firm's financial statement. y) Economic profit all the time exceeds accounting pro

  • Q : Modern sociobiologists concept

    Modern sociobiologists concept perpetuation of individual gene pool like the fundamental human drive, and give numerous illustrations of behavior which apparently conflict along with the economist's homo economicus supposition: Parents sacrifice their whole lives for

  • Q : Define the positive economics Please

    Please guys help me to solve out this problem that positive economics, which: (w) is accepted like true through all economists. (x) is less technical than normative economics. (y) involves statements which, when false, could be proven false. (z) addre

  • Q : Governmental allocations of non-human

    The fundamental foundations of a capitalist system do not comprise: (1) Supplies and demands. (2) Private property rights. (3) Governmental allocations of non-human resources. (4) Laissez faire policies. (5) Market-determined prices and outputs.

  • Q : Problem relating to the Distributive

    Several parents ask children to write down lists of “things” they would like Santa to carry for Christmas, as well as to rank their “wants” in sequence. While gifts are positively associated to children’s lists, that “wish list&rdqu

  • Q : Household consumer in a circular flow

    Can someone help me in finding out the right answer from the given options. In a simple circular flow model, economists classify the people who finally experience joy or suffer pain, consume goods, own resources, and who accept the burdens of inflatio

  • Q : Economic welfare-Production possibility

    Maximizing the community's economic welfare needs production: (i) On production-possibility curve. (ii) Of minimum exports and maximum imports. (iii) Of more consumer durables and fewer services. (iv) Exterior to the production-possibility curve.