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Question
Which of the following would result in a rightward shift of the PPC?
Which of the following would result in a rightward shift of the PPC?
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Solution
The correct option is B An increase in the number of professionally qualified persons
An increase in the number professionally qualified persons, the production possibility frontier will shift
outward. Where there is advancement of technology or increase in availability
of resources or introduction of a production method with improved efficiency in
respect to both the goods, then PPF will shift to the right, i.e. outwards.
This is because the more of both are goods are being produced due to the above
factors.
An increase in the number professionally qualified persons, the production possibility frontier will shift outward. Where there is advancement of technology or increase in availability of resources or introduction of a production method with improved efficiency in respect to both the goods, then PPF will shift to the right, i.e. outwards. This is because the more of both are goods are being produced due to the above factors.
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