In Figure 9.3, consider triangles B and C. One of these could be labeled Workers and machines

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In Figure 9.3, consider triangles B and C.

One of these could be labeled “Workers and machines who could be better used in another sector of the economy,” while the other could be labeled “Consumers who have to pay more than necessary for their product.” Which is which? pf58

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Modern Principles Of Economics

ISBN: 9781429239974

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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