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Assume the natural environment including air, water and land can be used equally to produce either good X, Y or Z (but not all). If
Assume the natural environment including air, water and land can be used equally to produce either good X, Y or Z (but not all). If consumers give value of $700 for good X, $600 for good Y and $400 for good Z, which good should be produced if the decision is based on economic efficiency? Explain your
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