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hey Heidi econ students this is mr. Clifford welcome to ac/dc econ right now were gonna talk about how the production possibilities curve ships for you to get used to the idea of things shifting in the econ were explained concepts and then we put those concepts to numbers those numbers on a graph and then usually we shift the graph youre gonna see it in micro and macroeconomics and it all starts with the production possibilities curve weve established that any point inside the curve is inefficient because we could produce more of each good and any point on the curve is eficient outside the curve is impossible or not attainable given our current resources but what if we get more resources thats right the production possibilities curve can shift you must use that theres two things that shift the production possibilities curve a change in the quantity or quality of resources or a change in technology for example in 1920 theres a certain number of cars and corn that we could produce
