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Consider the PPF in the diagram, and note that all the points along the frontier are labelled accordingly. If the economy is currently producing 90
Consider the PPF in the diagram, and note that all the points along the frontier are labelled accordingly. If the economy is currently producing 90 yams and 25.2 cows, what is the opportunity cost of producing another 5 Yams? That is, how many Cows must be foregone to produce another 5 Yams? production possibilities frontier 60+ 20.0, 57.7 5.0, 57.7 15.0, 57.14 10.0, 57.4 20.9, 56. 25.0 55. 30.9 55.1 55 35.0. 54.1 40.0. 52.9 50 245.0.5 $50.0, 50 $55.0/ 48.2 60.0 46.2 45 $65.0/ 43.9 40 $70.9/ 41.2 75.0/ 38.2 35 $80.0. 34.6 30 85.0, 30.4 Cows 25 90.0/ 25.2 20 15 695.0. 18.0 10 5 O 100.0, 0.0 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 Yams
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