Figure 3.2 Attainable and Unattainable Combinations Watch Attainable and Unattainable Combinations The production possibilities frontier, PPF, separates

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Figure 3.2 Attainable and Unattainable Combinations Watch Attainable and Unattainable Combinations The production possibilities frontier, PPF, separates attainable combinations from unattainable ones. The economy can produce at any point inside the PPF (the orange area) or at any point on the frontier. Any point outside the production possibilities frontier, such as point G, is unattainable.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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