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Along a country's production possibility curve: the level of technology is changing more of one good can be produced without giving up some of the
Along a country's production possibility curve:
- the level of technology is changing
- more of one good can be produced without giving up some of the other good
- resources are not being fully utilized
- available resources are being used efficiently
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The Lever Of Riches Technological Creativity And Economic Progress
Authors: Joel Mokyr
1st Edition
0195074777, 9780195074772
