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Explain why the production possibility frontier/curve is bowed outward. What are the implications of the bowed PPF/PPC Explain why the production possibility frontier/curve is bowed

Explain why the production possibility frontier/curve is bowed outward. What are the implications of the bowed PPF/PPC

Explain why the production possibility frontier/curve is bowed outward. What are the implications of the bowed PPF/PPC?

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