The production possibilities decrease as more resources and better technology are utilized.

1 answer:

3 0

The production possibilities decrease as more resources and better technology are utilized. is a false statement.

<h3>What happens to production possibility curve when technology of production improves?</h3>

There is said to be a Shifts in Technology and this is one that tends to that improves the productivity of workers and thus it is good.

This action above tends to make output to increase, so the production possibilities curve tend to shifts outward, or to the right.

Therefore, The production possibilities decrease as more resources and better technology are utilized. is a false statement.

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