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Unformatted text preview: effect (or not effect) Mexico’s production possibility curve. (1) A previously idle plant that makes only computers is back in operation: Move out to curve from point beneath the curve. (2) A new technique is discovered for producing computer-games with less materials. Pivot out with respect to Computer-Game Systems axis. (3) Because of a declining birthrate, the country’s working-age population shrinks. PPF shifts in. (4) Average educational attainment of the population increases by one year. PPF shifts out. PPF 20,000 40,000 60,000 80,000 100,000 300,000 Computer-game systems Professional Computers...
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This note was uploaded on 10/26/2009 for the course ECON 180-004-20 taught by Professor Bresnock during the Fall '09 term at UCLA.
- Fall '09