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CARS (A) What trade-offs are involved? (B) Why is the PPC concave, or bowed out, from the origin? (C) What does a point inside the

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CARS (A) What trade-offs are involved? (B) Why is the PPC concave, or bowed out, from the origin? (C) What does a point inside the PPC illustrate? (D) What is an historical example of a point inside the PPC? (E) What is the significance of a point outside the PPC? (F) Under what conditions can a point outside the PPC be reached

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