I Consider an economy where farmers produce and con- sume corn. Its PPF is sketched in figure

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I Consider an economy where farmers produce and con- sume corn. Its PPF is sketched in figure I. 100A 80 60 B corn consumption next year (ton) 40 20 O O 10 20 30 40 45 50 corn consumption this year (ton) Figure 1

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I Consider an economy where farmers produce and con- sume corn. Its PPF is sketched in figure

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