An inventor found a new way to produce more steel from each ton of her country’s iron ore. How would a production possibilities curve reflect the application of that discovery to the country’s production of steel cookware? Why?

Respuesta :

Answer:

the production possibility curve shifts outward with the advancement in the technology.

Explanation:

An inventor found a new way to produce more steel from each ton of her country’s iron ore. How would a production possibilities curve reflect the application of that discovery to the country’s production of steel cookware? Why? the production possibility curve shifts outward with the advancement in the technology.

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