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Match each scenario with its effect on the PPC.


the country is using all its resources efficiently.

A new technology is invented to produce more food grains in the country.

the country plans to produce with the available resources.

many of the country's young people died in an earthquake.

Match each scenario with its effect on the PPCthe country is using all its resources efficientlyA new technology is invented to produce more food grains in the class=

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Answer

Shifts PPC to the right-A new technology is invented to produce more food grains in the country.

point on original PPC- the country is using all its resources efficiently.

shifts PPC to the left- many of the country's young people died in an earthquake

unattainable point- the country plans to produce with the available resources

Explanation

PPC -This is the short form of Production possibility curve. This is an indicator which shows the maximum production of two or more goods and services which can be achieved in the economy of a nation when the resources are well distributed and fully utilized in a productive manner. The causes of increment in output where the curve may shift to left or right or attainable point and even to the original PPC is due to the distraction of capital equipment in the country.This depends on how the country is using its resources.

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The correct options that match the scenarios with their effects on the Production Possibilities Curve are as follows -

A new  technology is invented to produce more food grains in the country - Shifts PPC to the right

The country is using all its resources efficiently - Points on the original PPC.

Many of the country's young people died in an earthquake - Shifts PPC to the left.

The country plans to produce with the available resources -  Unattainable point on the PPC.

So, the correct matches are 1-B, 2-A,3-D and 4-C.

What is a Production possibilities curve?

A production possibilities curve or PPC is a graphical representation of the quantity of two goods that can be produced to gain optimum output by using the limited resources available.

Invention of new technology will lead to increase in the quantity of production shifts the PPC to the right as there is an unexpected shift in the quantities produced.

When a country uses all its resources efficiently, it is the equilibrium point of the PPC and hence, it denotes the optimum level of quantity produced.

When a country is planning to produce with the available resources, it denotes that the point on the PPC is unattainable, as there will always be scarcity of resources in an ideal market.

A situation where the youth population dies in an earthquake represents a leftward shift in the PPC, as the manpower and resources which were already limited are even more decreased.

Hence, the correct matches as per the shifts on the PPC curve are as aforementioned as 1-B, 2-A,3-D and 4-C.

Learn more about Production possibilities curve here:

https://brainly.com/question/5084989

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