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Answer:
This will result in move of the economy along the production possibilities frontier.
Explanation:
The production possibility frontier shows the various combinations of resources that can be used to produce two goods in an economy.
For example if hot dogs and hamburgers can be produced and if resources are used equally between them we can get 5:5 ratio of hotdogs to hamburgers.
If a discovery is made of the remarkable health benefits of hot dogs and there is change in consumer preferences, more of available resources will be used to produce hotdogs and less will be dedicated to hamburger production. The ratio of hotdogs to hamburgers may now be 8:2.
Below is an illustration of movement along the production possibility frontier.
Any material that poses an unreasonable risk to life, property, or the environment if it is not properly controlled during handling, storage, manufacture, processing, packaging, use, disposal, or transportation is called a .