Respuesta :
Answer:
Beta will experience greater economic growth than Beta.
Explanation:
A. Alpha will experience greater economic growth than Beta.
B. Beta will experience greater economic growth than Alpha.
C. Alpha will not be able to achieve full employment or productive efficiency.
D. Beta will not be able to achieve full employment or productive efficiency
The Production possibilities curve is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources
Points inside the production possibilities curve means that the nations resources are not being fully utilised
Factors that cause the PPC to shift
1. changes in technology.
2. changes in available resources.
3. changes in the labour force.
The country that invests more in capital goods would experience faster economic growth compared to a country that invests in consumer goods. This is because investment in capital goods would lead to technological advancement. Technological advancement is one of the factors that lead to economic growth
