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14. Efficiency in the production possibilities model Suppose the fictional country of Patagonia produces only two goods: rye and microprocessors. The following graph plots Patagonia's
14. Efficiency in the production possibilities model Suppose the fictional country of Patagonia produces only two goods: rye and microprocessors. The following graph plots Patagonia's current production possibilities frontier, and includes six different output combinations given by black points (plus symbols) labeled A to F. 100 80 PPF 60 MICROPROCESSORS (Millions) +0 40 X A 20 0 20 40 60 80 100 RYE (Millions of bushels)Complete the following table by indicating whether each point represents output combinations that are inefficient, efficient, or unattainable. Check all that apply. Point Inefficient Efficient Unattainable A O O B O 0 O C O D O O O E O O O F 0 O 0 Grade It Now Save & Continue Continue without saving
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