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1Answer the following questions about a production possibilities curve: Please help in answering this a Why does the production possibilities curve have a shape which

1Answer the following questions about a production possibilities curve: Please help in answering this

a Why does the production possibilities curve have a shape which bows outward?

bGiven the following example of a production possibilities curve for the two goods,

why would you not choose point A?

c.Given the following example of a production possibilities curve for the two goods, why would you not choose point X?

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