Which of the following scenarios might explain what an economy would be operating inside its production possibilities curve? Select one: O a. Because damage to natural resources, such as might be...


Which of the following scenarios might explain what an economy would be operating inside its production possibilities<br>curve?<br>Select one:<br>O a. Because damage to natural resources, such as might be caused by deforestation leading to erosion of topsoil,<br>has shrunk the land resource<br>O b. Because of discrimination against employing workers of a certain race or gender<br>O c. Because technological innovations have increased the productivity of labour and capital<br>O d. Because shrinking population has reduced the number of productive workers in the economy<br>Next page<br>IMG_7969.jpeg<br>

Extracted text: Which of the following scenarios might explain what an economy would be operating inside its production possibilities curve? Select one: O a. Because damage to natural resources, such as might be caused by deforestation leading to erosion of topsoil, has shrunk the land resource O b. Because of discrimination against employing workers of a certain race or gender O c. Because technological innovations have increased the productivity of labour and capital O d. Because shrinking population has reduced the number of productive workers in the economy Next page IMG_7969.jpeg

Jun 08, 2022
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