JAMB Economics 2018 Objective — Question 14
Question 14 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2018 Objective paper, with the correct answer and a full explanation.
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One of the factors responsible for an outward shift in the PPC of a society is the
- A. Improvement in technologyCorrect
- B. Reduction in production of good X for good Y
- C. Reduction in production of good Y for X
- D. Improvement in quantity of labour
Explanation
Improved technology increases the maximum attainable output combinations, shifting the entire PPC outward.
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