5. Groucho Marx is reported to have said The secret of success is honesty and fair dealing....

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5. Groucho Marx is reported to have said “The secret of success is honesty and fair dealing. If you can fake those, you’ve got it made.” What would likely happen to society’s production possibility curve if everyone could fake honesty? Why? (Hint: Remember that society’s production possibility curve reflects more than just technical relationships.)

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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