Ask Question
18 March, 14:38

According to the production possibility model, if more resources are allocated to the production of physical and human capital, then which of the following is likely to happen?

A) The country's total production will fall.

B) Fewer goods will be produced for consumption today.

C) Future economic growth will decline.

D) The production possibilities frontier will be shift inward in the future

+1
Answers (1)
  1. 18 March, 15:05
    0
    Answer:D
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “According to the production possibility model, if more resources are allocated to the production of physical and human capital, then which ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers