Question: 5. Over time, the production possibilities curve can shift. Explain what may cause the curve to shift outward (to the right) or inward (to the

5. Over time, the production possibilities curve can shift. Explain what

5. Over time, the production possibilities curve can shift. Explain what may cause the curve to shift outward (to the right) or inward (to the left). What would each of these shifts represent for the economy?

Corn (tons) 20 18 14 0 3 6 9 Alfalfa (tons) Explain what each individual point (A through H) on the graph represents. In your explanation, specify why each point is efficient, inefficient, or unattainable 1

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