Consider a society facing the production possibilities curves in the figure shown. What is the most likely cause of a society moving from PPF1 to PPF3?
A. More workers
B. Better printing press technology
C. A desire to read more books
D. Better sewing technology
A. More workers
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A firm's most recent annual dividend was $2 per share; its shares sell for $40 in the stock market, and the company expects its dividend to grow at a constant rate of 5% in the foreseeable future
Using the dividend growth (Gordon) model, what would you estimate its equity cost of capital to be?
If income rises in the market for an inferior good, will the demand curve for the inferior good shift to the right or to the left?
If the price of a typical good rises, the quantity supplied for that good will
A. decrease. B. automatically increase to infinity. C. increase. D. remain the same.
Exhibit 6A-2 Consumer Equilibrium
?
Given the budget lines and indifference curves shown in Exhibit 6A-2, point B yields:
A. more total utility than point F. B. more total utility than points A and C. C. less total utility than point F. D. equal total utility to point F.