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pirex pirex
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Posts: 634
6 years ago
Suppose a society's PPF for food (F) and clothing (C) can be written as 25 = F2+C2. If all consumers have the same endowment and the same utility function Ui = Fi * Ci, what is the efficient product mix of food and clothing?
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Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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6 years ago
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You make an excellent tutor!
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