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AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.3
Which factors can cause a shift in the production possibilities curve?
Change in demand and supply, change in market structure, and change in competition.
Change in interest rates, change in inflation, and change in exchange rates.
Change in consumer preferences, change in government policies, and change in income distribution.
Change in the quantity or quality of resources, change in technology, and trade.
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AP Microeconomics - 1.3 Production Possibilities Curve (PPC)
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Production Possibilities Curve
Shift
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About Us
About Fiveable
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Terms of Use
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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