Which of the following would be most likely shift the production possibilities curve inward?

b. A decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time.

From google search, the multiple-choice options for this question are

a. An increase in the number of hours factories is in use.

b. A decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time.

c. An increase in the production of capital goods.

d. Technological progress.

Explanation:

A production curve will shift inwards due to a decrease in production. An increase in production will shift the curve outwards or to the right.

If there is a decrease in the average number of hours worked per week, overall productivity will decline. Labor in input in the production process. A decrease in the input results in fewer units produced, leading to the production curve to shift inwards.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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