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Illustrate society's trade-off between two goods- a clean environment and the quantity of industrial output. What do you suppose determines the shape and position of

Illustrate society's trade-off between two goods- a clean environment and the quantity of industrial output. What do you suppose

determines the shape and position of the frontier? Show inefficient and unattainable points with reference to the PPC.

b. Show what happens to the frontier if engineers develop a new way of producing electricity that emits fewer pollutants at a lower

cost.

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