Draw a societal production-possibilities frontier, and use it to explain the concepts of tradeoffs (opportunity cost), attainable

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Draw a societal production-possibilities frontier, and use it to explain the concepts of tradeoffs (opportunity cost), attainable and unattainable output combinations, and efficiency.

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Macroeconomics In Context

ISBN: 125384

2nd Edition

Authors: Neva Goodwin, Jonathan Harris, Julie A. Nelson, Brian Roach & Mariano Torras

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