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An increase in technology will cause the production possibilities curve to?
Wiki User
∙ 10y ago
shift outward
Wiki User
∙ 10y ago
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Increases in resources or improvements in technology will cause the production possibilities frontier to?
shift outward
What could cause a production possibilities frontier to shift to the right?
an increase in demand for the good. Such as a successful marketing campaign for the good.
How will technological advances affected the production possibilities curve?
Let's briefly explore each one of these and see how they shift the curve. Probably what you hear about most in economics is how changes in technology affect the curve. For example, let's say the country discovers a new technology, such as a new computer system that improves productivity. Anything that improves the productivity of workers is good. This causes output to increase, so the production possibilities curve shifts outward, or to the right. On the other hand, let's say a major war causes destruction of capital equipment in the country. This would cause output to decrease, so in this case, the production possibilities curve shifts inward, or to the left.
When quantity supplied and quantity demanded increase due to improved technology what happens?
An increase in technology will cause a shift in supply curve due to lowered production costs. This increased supply will put downward pressure on prices, driving up quantity demanded.
What factors might cause a country to produce at a level below the production possibilities frontier?
blah
Increases in resources or improvements in technology will cause the production possibilities frontier to?
shift outward
Increases in resources or improvements in technology will tend to cause a society's production-possibilities curve to?
shift outward
What Cause a production possibilities to move to the right?
new technology, new labor sources, new resources
What could cause a production possibilities frontier to shift to the right?
an increase in demand for the good. Such as a successful marketing campaign for the good.
How will technological advances affected the production possibilities curve?
Let's briefly explore each one of these and see how they shift the curve. Probably what you hear about most in economics is how changes in technology affect the curve. For example, let's say the country discovers a new technology, such as a new computer system that improves productivity. Anything that improves the productivity of workers is good. This causes output to increase, so the production possibilities curve shifts outward, or to the right. On the other hand, let's say a major war causes destruction of capital equipment in the country. This would cause output to decrease, so in this case, the production possibilities curve shifts inward, or to the left.
When quantity supplied and quantity demanded increase due to improved technology what happens?
An increase in technology will cause a shift in supply curve due to lowered production costs. This increased supply will put downward pressure on prices, driving up quantity demanded.
What factors might cause a country to produce at a level below the production possibilities frontier?
blah
Mutagens cause an increase in the production of reproductive cells?
true
What could cause a production possibilities to move down and to the left?
A nation loses land after being defeated in a war.
What could cause a production possibilities to curve to the left and down?
A nation loses land after being defeated in a war.
Can diuretics cause xerostomia?
Yes they do! Diuretics are an antihypertensive drug and they cause xerostomia, diuretics increase urine output not increase saliva production.
What could cause a production possibilities curve to move down and to the left?
A nation loses land after being defeated in a war.
