When the economy makes technological progress, the PPC will shift?

Inward to the left

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Upward to the right

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A movement along the same curve

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A point outside the curve

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Solution

The correct option is B Upward to the right
When there is some technological upgradation in the production process then with the given amount of resources the firm is able to produce more units of both the commodities so the production possibility curve shifts outward.

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