Using the company Bausch & Lomb (www.bausch.com), list at least four conditions that would change the Production Possibility Curve, and state, in reasonable detail, how the change(s) would affect the firms PPC.© BrainMass Inc. brainmass.com September 23, 2018, 2:25 am ad1c9bdddf - https://brainmass.com/economics/technology/production-possibility-curve-17179
1. Expansion in other fields of eye care: Currently Bausch & Lomb has three product lines: Vision Care, Surgical, and Pharmaceuticals. If the company can identify another field of eye care, for instance opening a eye care hospital in New York area for potential opthalmic patients, it can cause an outward shift in its PPC, due to an increase in the available workforce or a rise in the amount of capital equipment available for businesses to use. Acquiring land for the construction of hospital may also become available for the production process.
<br>2. Improvements in ...