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Figure1-7showstheproductionpossibilitiesboundaryforaneconomythatproducestwogoods-cottonandbananas. (0, 1500) (x, y) 1500 (100, 1440) A B (200, 1280) C 1000 (300, 920) D Tonnes of Cotton (y) (360, 500) 500 E

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Figure1-7showstheproductionpossibilitiesboundaryforaneconomythatproducestwogoods-cottonandbananas.

image text in transcribed
(0, 1500) (x, y) 1500 (100, 1440) A B (200, 1280) C 1000 (300, 920) D Tonnes of Cotton (y) (360, 500) 500 E F (400, 0) O 100 200 300 400 Tonnes of Bananas (x)

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