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Tidy Tidy
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Posts: 4852
8 years ago
a.    Draw a production possibilities frontier for a country that produces two goods, beer and pretzels. Assume that resources are equally suited to both tasks.
b.    Define opportunity costs.
c.    Use your production possibilities frontier graph to demonstrate the principle of opportunity costs.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 219 times
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DropxDropx
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8 years ago
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