Production possibility curve shifts rightward, when- |
Population of the country increases Technology becomes absolute There are massive unemployment Resources increase or technology is upgraded |
Resources increase or technology is upgraded |
The correct answer is Option (4) → Resources increase or technology is upgraded A rightward shift of the PPC signifies an expansion of the economy's productive capacity. This can happen when there are more resources available (e.g., land, labor, raw materials) or when technological advancements allow for more efficient production of goods and services. |