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Explain where an economy would prefer to be on the ppc

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Reference no: EM131974509

On the production possibilities curve (PPC), there are points that are not attainable (N), efficient, and inefficient (I). Briefly explain where an economy would prefer to be on the PPC. Can the economy operate at point N? Explain why or why not. Can the economy operate at point I? Explain why or why not.

Reference no: EM131974509

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