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Exhibit 2-3 m PPF2 At G Capital Goods (thousands of units) PPF 1 O Consumer Goods (thousands of units) Refer to Exhibit 2-3. If PPF1
Exhibit 2-3 m PPF2 At G Capital Goods (thousands of units) PPF 1 O Consumer Goods (thousands of units) Refer to Exhibit 2-3. If PPF1 is the relevant production possibilities frontier, a shift to PPF2 may depict a. a decrease in resources. b. economic growth. c. a decrease in technology. d. a simultaneous decrease in both resources and technology. O- Icon Key
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
