Economics
WAEC 2020
When the production possibility curve shifts outwards, the economy experiences
-
A.
growth
-
B.
over-production
-
C.
inefficient use of resources
-
D.
under-production
Correct Answer: Option A
Explanation
When the curve shifts outward, or to the right, that means output is increasing.
![Shifts in the Production Possibilities Curve - Video & Lesson Transcript | Study.com](data:image/jpeg;base64,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)
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