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Explain how the following situation would affect a nation's production possibilities curve. The quality of education in the nation's colleges and universities improve greatly. What
Explain how the following situation would affect a nation's production possibilities curve. The quality of education in the nation's colleges and universities improve greatly.
What happens to PPF
Explanation
Options to choose from for both parts:
PPF shift inwards/ Produce inside PPF/ Increase in resources/ Increased production given resources/ Reduction in resources/ Produce outside PPF/ PPF shifts outwards/ Unused resources
Please give explanation
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