Explain how (if at all) each of the following events affects the location of a country's production possibilities curve: a. The quality of education increases. b. The number of unemployed workers increases. c. A new technique improves the efficiency of extracting copper from ore. d. A devastating earthquake destroys numerous production facilities.
Added by Gregory M.
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The quality of education increases: This would likely shift the production possibilities curve outward or to the right. The reason is that a better-educated workforce is generally more productive, which means the country can produce more goods and services with Show more…
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