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s344n2d4d5 [400]
3 years ago
15

The production possibilities curve may shift outward as a result of a(n)

Mathematics
1 answer:
Fynjy0 [20]3 years ago
6 0
Statements A, B, C, and E will all cause shift of production possibilities curve outwards. This is because:

Statement A: Training of workers will mean improved skills and knowledge. This will in turn lead to increased productivity and may lead to efficiency and thus increased production.

Statement B: Decrease in cost of production will lead to production of more goods and thus the curve will shift outwards.

Statement C: Increase in short-run aggregate supply may mean supply of more raw materials to the production thus increased productivity.

Statement D: Increase in customer spending will mean increased demand and thus leads to shifting in supply. This leads to increased production.<span />
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