Answer to Question #71943 in Other Economics for istiake

Question #71943
what wil happen to the ppf if all of the country resources are cut into half
1
Expert's answer
2017-12-18T09:03:07-0500
If all of the country resources are cut into half, Production Possibility Frontier (PPF) will also change its configuration. With the new amount of resources either the production of goods will decline proportionally or disproportionally (depending on the most economic way of resource allocation).

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