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Sketch a production possibilities curve

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Reference no: EM133131661

Sketch a production possibilities curve (PPC) with two goods: Good A on the Y-axis and Good B on the X-axis. Then: 

  1. Graphically represent points within the PPC, on the PPC, and outside of the PPC; briefly describe what each point represents.
  2. Graphically represent how a high-investment country's PPC may change between 2010 and 2030.
  3. Graphically represent how a low-investment country's PPC may change between 2010 and 2030.

Reference no: EM133131661

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