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Description Students are to complete assignments in Word (or some ather compatible word prasaxon no POF or Excel filel and apply economic concepts learned in

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Description Students are to complete assignments in Word (or some ather compatible word prasaxon no POF or Excel filel and apply economic concepts learned in this course to the answers submitted for evaluation, Do not submit more than ONE document for your assignment, Show all calculations for numeric questions. Consumer goods PPF-2 Capital goods The diagram above shows two PPF curves. Arewer the following questions (20 saint . Which of the two points on the PPF-1 will allow this economy to grow more quickly to reach PPF-2 Explain. [5pt) D. If the economy is operating at point A, what does this mean? (beg sentence) (Sat)] Assume sadie nojot wutime the economy is operating at point B. Describe two major changes In the economy that will move the economy point D. (5pt] d. What does it mean when the PPF is represented by a curve and not a straight line? (Sat) Diagrams 1 and 2 below depict the production possibility frontier (PPF) for Rosie's Bakery. Answer the questions below and show all calculations where appropriate. 130 paints

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