1. Table 1 sets out the production possibilities of a small Pacific island economy. Draw the economys...

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1. Table 1 sets out the production possibilities of a small Pacific island economy.

Draw the economy’s PPF.

Figure 1 shows an economy’s PPF and identifies some production points. Use this figure to work Problems 2 to 4.

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Essential Foundations Of Economics

ISBN: 9780520219465

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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