Set of affordable bundles

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Reference no: EM1313519

Q1. Economic efficiency which takes place along the ppf implies which is possible to obtain gains in production of one good without losses in another?

Q2. If the price of one good is four time the price of the other also the price of both double, Illustrate what effect does it have on the set of affordable bundles?

Q3. Suppose which Duckistan also Herbania are each producing 14 units of civilian goods also 2 unit of military goods. Then:

Reference no: EM1313519

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