Physics High School

A shift inward of the production possibilities curve signifies that _

A. The demand for the products has increased, so the supply will increase
B. The available resources have increased, so potential production levels will increase
C. The available production resources have decreased, so potential production levels will decrease
D. The demand for the products has decreased so, the supply will decrease

Answers

Answer 1

Answer:

c

Explanation:

Answer 2

A shift inward of the production possibilities curve signifies that: C. The available production resources have decreased, so potential production levels will decrease.

A production possibilities curve (PPC) is also referred to as production possibilities frontier (PPF) and it can be defined as a curve that illustrates the maximum (best) combinations of two (2) products which can be produce in an economy if they both depend on these two (2) main factors;

Fixed technology. Fixed resources.

Basically, the production possibilities curve (PPC) illustrates the maximum combinations of goods that are available with fixed technology and resources.

Furthermore, an inward shift of the production possibilities curve (PPC) signifies that the available resources used for production have decreased, so potential production levels would also decrease.

Read more: https://brainly.com/question/17053992

Related Questions

Round 0.010229 to four sig figs

Answers

It would be 0.01023.

0.010229 has 5 sig. fig.'s (leading zeros do not count)

So rounding to 4 sig. fig.'s is just a matter of rounding off the last digit, which leaves you with 0.01023.

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