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Post Test: Free Market and Businesses
16
Drag each description to the correct location.
Determine which direction the PPC will shift as a result of these major events.
An epidemic wipes out one-third
of the country's population.
Educated and skilled workers
begin migrating to other
countries on a large scale.
Private businesses come together
to sponsor college education for
low-income students.
The government builds an
extensive network of highways
to facilitate cargo transportation.
PPC Shifts Left
PPC Shifts Right
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Answer :

GinnyAnswer

Final answer:

Events such as epidemics and mass migration of skilled workers can lead to a PPC shift left, while initiatives like sponsoring education and building infrastructure can result in a PPC shift right.


Explanation:

PPC Shifts Left: An epidemic wipes out one-third of the country's population and educated and skilled workers begin migrating to other countries on a large scale indicate a decrease in available resources causing the PPC to shift left. PPC Shifts Right: Private businesses sponsoring college education for low-income students and the government building an extensive network of highways to facilitate cargo transportation represent advancements in education and infrastructure, increasing productivity and causing the PPC to shift right.

Learn more about Production Possibility Curve (PPC) shifts here:

https://brainly.com/question/8323744


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