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According to the production possibilities curve (PPC) above, Canada is experiencing

According to the production possibilities curve (PPC) above, Canada is experiencing-example-1

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Answer:

It can be said from the production possibilities curve (PPC) shown in the graph that Canada is experiencing an increase in demand for goods.

Step-by-step explanation:

  • The initial amount of consumer goods produced is shown to be B1 on the X axis whereas B2 on the same axis indicates the quantity of goods produced after a specific period of time.
  • The margin of difference in the quantities of goods produced evident between B1 and B2 can be said to be the increase in the produced quantity of goods owing to the demand prevalent in the market.
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