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3. Efficiency in the production possibilities model Suppose the fictional country of Acadia produces only two goods: rye and handbags. The following graph plots Acadia's

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3. Efficiency in the production possibilities model Suppose the fictional country of Acadia produces only two goods: rye and handbags. The following graph plots Acadia's current production possibilities frontier, and includes six different output combinations given by black points (plus symbols) labeled A to F. 100 T E + 80 + @

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