asked 116k views
0 votes
PLEASE I NEED HELP!!!
If technology improves, what would happen to the PPC?

1 Answer

5 votes

Answer:

For the economy as a whole, an improvement in technology shifts the production possibilities frontier outward. Production Possibility Frontier (PPF): An increase in technology that allows for greater output based upon the same inputs can be described as an outward shift of the PPF, as demonstrated in this figure.

answered
User Gberth
by
7.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.