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a)Draw and explain PPF for an economy that produces guns and butter. What happens to the frontier if producers decrease the steel production b) Name

a)Draw and explain PPF for an economy that produces guns and butter. What happens to the frontier if producers decrease the steel production

b) Name a way that your family interacts in the factor market and a way that it interacts in the product market (Circular-flow)

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Microeconomics Theory and Applications with Calculus

Microeconomics Theory and Applications with Calculus

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