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Diagrams 1 and 2 below depict the production possibility frontier (PPF) for Patsy's Snack Shop. Answer the questions below and show all calculations where appropriate.

Diagrams 1 and 2 below depict the production possibility frontier (PPF) for Patsy's Snack Shop. Answer the questions below and show all calculations where appropriate. (35 points)

Diagram 1 Diagram 2

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