Question

Refer to the following figure for the following questions.

According to the figure, a new technology that makes it easier to peel, core, and prepare apples will cause

a. the entire production possibilities frontier (PPF) to shift outward.

b. the entire production possibilities frontier (PPF) to shift inward.

c. the production possibilities frontier (PPF) to rotate outward to a larger maximum quantity of apple pies with no change in maximum blueberry pies.

d. the production possibilities frontier (PPF) to rotate outward to a larger maximum quantity of blueberry pies with no change in maximum apple pies.

e. the production possibilities frontier (PPF) to stay exactly the same because there is no change in resources.

Answer

This answer is hidden. It contains 36 characters.