Question

Determine which direction the ppc will shift as a result of these major events. an epidemic wipes out one-third of the country’s population. private businesses come together to sponsor college education for low-income students. educated and skilled workers begin migrating to other countries on a large scale. the government builds an extensive network of highways to facilitate cargo transportation.

Answer 1

The PPC will shifts to left if:

• educated and skilled workers begin migrating to other countries on a large scale
• an epidemic wipes out one-third of the country’s population.

The PPC will shifts to right if:

• government builds an extensive network of highways to facilitate cargo transportation
• private businesses come together to sponsor college education for low-income student

What is a production possibilities curve?

This is an economical graph that represents the alternative combinations of goods and services an economy can produce while considering the economy's factors of production are scarce.

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