How does a technological advance that increases the efficiency of shoe production affect the production possibilities curve

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How does a technological advance that increases the efficiency of shoe production affect the production possibilities curve between shoes and pizza? Is it possible to produce more shoes and pizza or just more shoes? Explain.

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:37 AM

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How does a technological advance that increases the efficiency of shoe production affect the production possibilities curve

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