Factors that effects PPC shift is:
Economic growth:
sources of economic growth is accumulation of capital and tehnological advances.
PPC will shift outwards to the right.
Disaster:
a shift inwards and to the left.
Increase in resources:
PPC shift to the right
Decrease in resources @ loss:
PPC shift to the left.
Improvement in technology :
New innovations or improved techniques.
PPC shift outwards.
Massive unemployment will shift the PPC to the left because labour force remains underutilized. The economy will produce inside the PPC indicating underutilization of resources.
Any time the PPC curve shifts outward it indicates economic growth, however reaching a point outside of an PPC can be reached by using trade.
when technology improves, PPC (production possibility curve ) will shift rightward and the total production in an economy will increase.
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Supply
Massive unemployment will shift the PPC to the left because labour force remains underutilized. The economy will produce inside the PPC indicating underutilization of resources.
There is no shift in the PPC.Only a dot is marked within the curve(Not on the curve) in the exact center of the two axes.The shape of the PPC is concave to the origin.
Any time the PPC curve shifts outward it indicates economic growth, however reaching a point outside of an PPC can be reached by using trade.
when technology improves, PPC (production possibility curve ) will shift rightward and the total production in an economy will increase.
The production possibility curve (PPC) shifts to the right primarily due to an increase in resources, technological advancements, or improvements in productivity. This shift indicates that an economy can produce more goods and services than before, reflecting growth. Factors such as investment in human capital, discovery of new resources, and innovation contribute to this expansion of production capacity. Overall, a rightward shift signifies enhanced economic potential and efficiency.
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That causes earthquakes
Supply
The production possibilities curve (PPC) shifts outward due to economic growth, which can result from factors such as increased resources, technological advancements, or improvements in productivity. When an economy acquires more capital, labor, or enhances efficiency, it can produce more goods and services. This outward shift indicates that the economy can achieve a higher level of output than before, reflecting an expansion of production capabilities.
A larger population would typically shift the production possibilities curve (PPC) outward, indicating an increase in the economy's capacity to produce goods and services. This shift reflects the potential for greater labor supply, which can enhance overall production efficiency and output. However, if resources are limited or not adequately managed, the increase in population could also lead to diminishing returns and inefficiencies, potentially constraining the PPC in the long run. Thus, the net effect on the PPC would depend on resource availability and management.
Natural Disasters.
electronic solenoid