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c. Assuming the economy is producing combination B, what is the approximate per-unit cost of an additional capital good? The per-unit cost of an additional
c. Assuming the economy is producing combination B, what is the approximate per-unit cost of an additional capital good? The per-unit cost of an additional capital good is unit(s) of consumer goods. d. Assuming the economy is producing combination C, what is the approximate per-unit cost of an additional capital good? Round your answer to 1 decimal place. The per-unit cost of an additional capital good is unit(s) of consumer goods. e. What law is illustrated in your answers to parts (c) and (d)? The law of (Click to select) |is illustrated by parts (c) and (d). f. Fill in the table below assuming that, 10 years later, the output potential of capital goods has increased by 50%, while the output potential for consumer goods has risen by 6 units for each combination A through E. A2 B2 C2 D2 E2 Capital Goods Consumer goods g. Show the new PPC after the output potential of capital and consumer goods has risen. Use the tool PP2 in the graph above to draw the new PPC after the output potential has risen. h. As a result of the economic growth, can New Harmony now produce 24 capital goods and 26 consumer goods? New Harmony |(Click to select) | able to produce this combination of goods. i. What are the implications if New Harmony did produce the combination in (h)
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