Refer to Figure 2.6. If the economy is at ppf^{2, a change in consumer taste would be shown by a}

A) shift from ppf^{2 to ppf}¹.
B) movement along ppf¹.
C) movement along ppf².
D) shift from ppf¹to ppf^2.

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Alfreissa Khayle · Accepted Answer

Final Answer : C, Explanation :  A change in consumer taste would result in a movement along the current production possibilities frontier (ppf 2 ), as it reflects a change in the allocation of resources between different goods, rather than a shift of the entire curve.

Refer to Figure 2.6. If the economy is at ppf^{2, a change in consumer taste would be shown by a}

A) shift from ppf^{2 to ppf}¹.
B) movement along ppf¹.
C) movement along ppf².
D) shift from ppf¹to ppf^2.

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Refer to Figure 2.6. If the economy is at ppf2, a change in consumer taste would be shown by aA) shift from ppf2 to ppf1.B) movement along ppf1.C) movement along ppf2.D) shift from ppf1 to ppf2.

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Refer to Figure 2.6. If the economy is at ppf^{2, a change in consumer taste would be shown by a}

A) shift from ppf^{2 to ppf}¹.
B) movement along ppf¹.
C) movement along ppf².
D) shift from ppf¹to ppf^2.