Elucidate type of economic analysis is limited to testable

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Suppose taht in Columbia, one unit of labor can produce 8 tons of papayas or 2 tons of bananas while in Brazil, one unit of labor can produce either 4 tons of papayas or 1 ton of bananas.

what type of economic analysis is limited to testable, verifiable statements?

Reference no: EM1353934

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