Which of the following items will not affect an economy’s PPF? A) growth in the

Question

Which of the following items will not affect an economy’s PPF? A) growth in the labor force B) the development of a more productive method of steel production C) the development of a better fertilizer D) a change in consumer’s preferences Which of the following items will not affect an economy’s PPF? A) growth in the labor force B) the development of a more productive method of steel production C) the development of a better fertilizer D) a change in consumer’s preferences A) growth in the labor force B) the development of a more productive method of steel production C) the development of a better fertilizer D) a change in consumer’s preferences

Explanation / Answer

Option D
When a consumer preference changes there would be movement along the PPF as there would change in quantities consumed but it would not shift the PPF.

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