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03-01-2020
Business

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Which of the following is NOT an assumption that economists make when developing a production possibilities frontier (PPF)?
a. We live in a world with only two goods.
b. There are no increases in technology
c. There is no change in available resources.
d. Society will always be producing somewhere on the PPF.
e. There are no decreases in technology.

Respuesta :

igeayomide12 igeayomide12

04-01-2020

Answer:

Option D

Explanation:

Because it is not one of the key assumption underlying ppf

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