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What will happen to PPF if there is technological upgradation in case of both the goods?A. Rightward shift in PPFB. Leftward Shift PPFC. Rotation of PPFD. None of these. |
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Answer» Correct Answer - A A. The basic idea is that anything that causes economic output to increase or decrease will shift this curve. When the curve shifts outward, or to the right, that means output is increasing. When the curve shifts inward, or to the left, that means output is decreasing. So, if there is technological upgradation in case of both the goods then there will be a Rightward shift in PPF. |
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