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Author Question: The diagram below shows two production possibilities boundaries for Country X.FIGURE 1-4Refer to ... (Read 51 times)

M1ch3a

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on: Oct 12, 2022

The diagram below shows two production possibilities boundaries for Country X.



FIGURE 1-4

Refer to Figure 1-4. A shift of the production possibilities boundary from PPB1 to PPB2 implies


◦ a movement from full employment to some unemployment.
◦ that productive capacity in the consumer goods industry has improved.
◦ that productive capacity in the capital goods industries has improved.
◦ an inevitable decrease in total output.
◦ that if point E is the new choice of outputs, productivity has increased in the consumer goods industry.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by M1ch3a on Oct 12, 2022

labrinker

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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M1ch3a

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

bitingbit

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Reply 3 on: Yesterday
Excellent

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