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answerhappygod
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microeconomics

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microeconomics
Microeconomics 1
Microeconomics 1 (49.58 KiB) Viewed 38 times
Question 50 (0.5 points) Listen Use the figure below to answer the following questions. Food products Plastic products The figure above shows various points on three different production possibilities boundaries for a nation. A movement from X to Y a) could occur because of the country admits approximately 250,00 new immigrants each year, many of whom join the labour force. b) could be due to a change in consumers' tastes and preferences. c) is the result of advancements in food production technology only, with no change in the technology for plastic production. d) a war that destroys a substantial portion of a nation's capital stock e) is the result of advancements in plastic production technology only, with no change in food production technology.
Question 51 (0.5 points) Listen Use the figure below to answer the following questions. Food products Plastic products The figure above shows various points on three different production possibilities boundaries for a nation. A movement from Y to Z O a) is the result of negative technological change in plastic production. O b) represents an increase in the demand for plastic products. is the result of advancements in food production technology. d) is the result of advancements in plastic production technology. O e) is the result of a decrease in preference for food products.
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