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1. The following is a Production Possibilities table for good X and good Y. Good Production Alternatives A B C D E X 0 3

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1. The following is a Production Possibilities table for good X and good Y. Good Production Alternatives A B C D E X 0 3 6 9 12 Y 33 30 25 15 0 a. Plot the Production Possibilities Frontier of the data with good X on the horizontal axis and Good Y on the vertical axis.(10 pts). b. What do the points on the curve indicate? (5 pts)

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