Question

How might the invention of a new, powerful fuel source for cars and trucks affect the country`s production possibilities frontier? How might the new fuel affect GDP?

Answer 1

Step-by-step explanation:

less opportunity to buy inexpensive land

less opportunity for people to start new lives

no more opportunity for the nation to expand

fewer wilderness areas

Answer 2

It seems with technology advancing everyday the possibility of a new fuel is not just a dream, but a achievable reality that would drastically change the production possibilities of the country. A prime example of is in the shipment industry, with the majority products being shipped all over the nation and world the effects of a new fuel source would streamline the efficiency of supplying the demand. In turn it would allow for more money and time allocated towards the product being produced which would greatly shift the GDP.