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If a country decides to produce both the carpets and the looms, the effect on the Production Possibilities Frontier overtime would be an outward shift from the Y axis.

What happens to the PPF overtime?

The full question is not posted so I will have to give a general overview.

The Production Possibilities Frontier will more often than not, shift outward from the y-axis as time goes on. The reason for this is that better technology will be discovered that will make production more efficient and the result would be an increase in the productivity of the country.

If there is an increase in productivity, the Production Possibilities Frontier will expand outward because it means that more of carpets and looms can be produced at each level.

For instance, if the country had the capacity to produce 5 looms and 5 carpets at the same time, better technology would allow them to be able to produce 10 looms and 10 carpets at the same time. This would shift the Production Possibilities Frontier outward.

In conclusion, the Production Possibilities Frontier expands outwards overtime.

Find out more on the Production Possibilities Frontier at https://brainly.com/question/26492942

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