16 The diagram shows a prodaction possibslity curve (PPC) for a country, 1he country moved from position X fo posstio Y on the PPC capital goods Consumer goods What is the most likely reason for this change A Fims have decided to increase investment in technology B New economic resources have been discovered in the countryy C The govemment has brought about an increase in living standards. 1D The govemment has encouraged long tern cconomie rOWth

Geography

Question
16 The diagram shows a prodaction
possibslity curve (PPC) for a country, 1he
country moved from position X fo posstio
Y on the PPC
capital
goods
Consumer goods
What is the most likely reason for this
change
A Fims have decided to increase
investment in technology
B New economic resources have been
discovered in the countryy
C The govemment has brought about an
increase in living standards.
1D The govemment has encouraged long
tern cconomie rOWth
Answer

A Firms have decided to increase investment in technology.

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The most likely reason for the change in the production possibility curve is that firms have decided to increase investment in technology. This could be due to the introduction...
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