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Answer the elaborate part Elaborate: Following the graphs on figure 2, give a concrete example of a shift in a PPC, and explain how the
Answer the elaborate part
Elaborate: Following the graphs on figure 2, give a concrete example of a shift in a PPC, and explain how the shift occurs and what caused the shift. For example: () there are in available resources Given a funding of Php 20 million, a country can produce quantities of food and F' education found in the original PPC curve FE. An increase of funding to Php 30 F 7 million expands the production of food and education to PPC F'E'. The shift of the PPC Food -7 to the right is caused by an increase in available resource, particularly of the Education E E' funding.(b ) decrease in available resources F F" Food Education E" EStep by Step Solution
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