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Economic why we put TV unit in Y axis and Car in X axis? I) Suppose that each worker in the home country can produce
Economic
why we put TV unit in Y axis and Car in X axis?
I) Suppose that each worker in the home country can produce three cars of two televisions, Assume that Home has four workers. a) Graph the production possibilities frontier for the home country. a. 4 TV. OFF (units) Slope - -(MPLTV / MPLC) =-2/3 MPLTV I. -8 40- =1 AQ=-23 X MPLC. I = 12 Car, Qc (units)Step by Step Solution
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