an economic question?

Question

Imagine a production possibilities frontier for a country. One axis of the graph measures the total quantity of investment goods, which are goods that are used in production. Examples might include
factory buildings, delivery trucks, and metal stamping presses used on assembly lines. The other axis shows the quantity of consumer goods such as groceries, appliances, clothing, and transportation services that the country produces. Indicate which of the following changes would cause an outward shift in this
country's production possibilities frontier.

I. Improved education and job skill training
II. Increased consumption of consumer goods
III. The spread of a deadly disease
IV. An improvement in a general technology such as an increase in the speed of computers
V. The discovery of a simple, costless change in the design of cars that makes them more aerodynamic and
increases their fuel efficiency
VI. The repeal of a senseless government safety regulation that had idled all trucks, trains and planes that
are more than 2 years old
are more than 2 years old

a. Only I
b. Only IV
c. I and II
d. I, IV, and V
e. I, IV, V, and VI

Answer 1

The answer is (e). Anything that can make the actual factors of production more efficient will push the boundary outward. The factors of production being capital, land, labor and machinery. Training makes labor more productive. Technological improvement makes machinery more productive, Better fuel mileage makes transport machinery more productive and the last one (allowing the use of planes more than 2 yrs old) just increased the machinery you had available for production).

Answer 2

aswer d.
Bcoz, an outward shift, means increased production possibilities.
It cannot happens without education & trainning of workers,innovation into better production methods, discovery of new materials, and advance in technology.