Ask Question

How will a decrease in technology from a natural disaster such as a hurricane, ceteris paribus, affect an economy's production possibilities curve?

+1
Answers (1)
  1. 22 June, 01:49
    0
    a. Shift the curve inward.

    Explanation:

    If a natural disaster were to occur such as a hurricane it would affect an economy's production possibilities curve by shifting the curve inward. This means that there will be less overall amount of product being produced. This is mainly due to the fact that individuals will not be attending work and therefore production will slow down drastically.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How will a decrease in technology from a natural disaster such as a hurricane, ceteris paribus, affect an economy's production ...” in 📗 Computers & Technology 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