Question

If an important resource, such as oil, becomes unavailable, the production possibilities curve

a. shift inwards
b. shift outwards
c. shift to the right
d. not shift

Answer 1

A - Shift Inward

Explanation: If oil becomes unavailable there would be a shrink, which would then cause the production possibility curve to shift inward. Because there will be no supply of oil, the output would fall, beginning an economic downfall.