please help with all these multiple choice questions MC Qu 1

please help with all these multiple choice questions.

MC Qu. 170 Refer to the diagram. Technological advance polrts curve from AB to

Solution

1> AF

Reason

The PPF will shift only for the consumer goods.

2> reducing unemployment

Reason

PPF takes into account of a scenario when all the resources are fully utilized.

3> option d

Reason

The law of increasing opportunity cost is the concept that as you continue to increase production of one good, the opportunity cost of producing that next unit increases.

4> option c

Reason

An inverse correlation is a contrary relationship between two variables such that they move in opposite directions.