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WAEC Economics 1999 Question 16

Question 16

Basic Concepts

When all factor inputs are doubled, the production possibility curve will

  1. A.shift from left to right and return to its original position
  2. B.shift from left to right
  3. C.remain in its former position
  4. D.shift from right to left
Show the answer and explanation

Answer: B (shift from left to right)

Explanation

More resources let the economy produce more of both goods, so the curve shifts outward (to the right).