Answer Q 16.
Dear Student,
Assuming that you need an objective answer for the question. The above-mentioned changes will positively affect the production possibilities frontier. There will be access to more capital, increased competition, rapid change in the technological environment and customer choices, the emergence of new markets, etc. These will, in turn, increase the production in India.
Regards,
Priyanka
Assuming that you need an objective answer for the question. The above-mentioned changes will positively affect the production possibilities frontier. There will be access to more capital, increased competition, rapid change in the technological environment and customer choices, the emergence of new markets, etc. These will, in turn, increase the production in India.
Regards,
Priyanka