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Production Possibility Frontiers

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 26 Jan 2019

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This revision presentation looks at the economics of the production possibility frontier

Ways of causing an outward shift of a country’s production possibility frontier:

  1. Investment in capital i.e. plant and machinery and new technology
  2. Inward migration of younger, skilled workers
  3. Discovery of new natural resources
  4. Improved education, training and healthcare to lift labour productivity
  5. Innovations that increase output per unit and reduce resource wastage
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