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3241004551 [841]
2 years ago
15

An increase in productivity as a result of a new technology would cause the production possibilities frontier to:________

Business
1 answer:
german2 years ago
7 0

An increase in productivity as a result of a new technology would cause the production possibilities frontier to shift outward.

<h3>What is the production possibilities frontier?</h3>

The production possibilities frontier is a graph that depicts the various combination of two goods a company can produce when all its resources are fully utilised. The production possibilities frontier is concave to the origin. This reflects the opportunity cost involved in production.

Factors that cause the production possibilities frontier to shift outward include:

1. technological advancement

2. increase in available resources.

3. increase in the labour force.

For more information about the production possibility frontier, please check: brainly.com/question/25774783

#SPJ1

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