he PPF shows the limits to production with given resources and technology. But over time, resources and

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he PPF shows the limits to production with given resources and technology. But over time, resources and technology change and production possibilities expand. A process of sustained expansion of production possibilities is called economic growth . Our economy grows

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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