If the price of computers decreases, then the: sales of a substitute, such as a telephone, decrease. sales of a substitute, such as a telephone,…
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October 1, 2020
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A movement along the production possibilities curve would imply that: the labor force has grown. productivity has increased. productivity has…

A movement along the production possibilities curve would imply that:

a. the labor force has grown.

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b. productivity has increased.

c. productivity has declined.

d. society has chosen a different set of outputs.

 

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