266) Which of the following policies would increase production by taking it to a point closer to the production possibility frontier, but would not shift the frontier?
Answer is:
A policy that encouraged firms to adopt better technologies that are already available
Related Micro Economics MCQ (GK Set-1) with Answers
Answer is:
Its production possibility frontier would shift
Answer is:
A policy aimed at reducing the number of people in poverty
Answer is:
One of the largest industries in the UK is the financial services industry
Answer is: