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a.What is the PPF Model? b.How does the PPF model relates to scarcity, choice, opportunity cost, efficiency, growth, and loss? c.Which points on the PPF

a.What is the PPF Model?

b.How does the PPF model relates to scarcity, choice, opportunity cost, efficiency, growth, and loss?

c.Which points on the PPF Model are attainable and why?

d. How can you represent growth and loss on the PPF?

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