Practice: The country of Clutchtopia has just stumbled upon a new technology as shown on the graph. If Clutchtopians demand 3 million pizza bagels, what is the productively efficient increase in robot production?
| Sections | |||
|---|---|---|---|
| Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency | 19 mins | 0 completed | Learn |
| PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency | 22 mins | 0 completed | Learn |
| PPF - Outward Shifts | 9 mins | 0 completed | Learn |
| PPF - Comparative Advantage and Absolute Advantage | 18 mins | 0 completed | Learn |
| PPF - Comparative Advantage and Trade | 19 mins | 0 completed | Learn |
| PPF - Price of the Trade | 4 mins | 0 completed | Learn |
Concept #1: PPF - Technological Advances in an Industry
Concept #2: PPF - General Economic Growth
Practice: The country of Clutchtopia has just stumbled upon a new technology as shown on the graph. What type of PPF shift did Clutchtopia experience?
Practice: The country of Clutchtopia has just stumbled upon a new technology as shown on the graph. What is the maximum amount of robots that can be produced in Clutchtopia after the shift?
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