Explain how (if at all) each of the following events affects the location of a countrys production

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Explain how (if at all) each of the following events affects the location of a country’s production possibilities curve: LO5

a. The quality of education increases.

b. The number of unemployed workers increases.

c. A new technique improves the efficiency of extracting copper from ore.

d. A devastating earthquake destroys numerous production facilities.

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Essentials Of Economics

ISBN: 9780077502140

3rd Edition

Authors: Stanley Brue, Campbell McConnell, Sean Flynn

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