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In many cases, input utilization is appropriately represented as a problem of allocating a given input resource endowment among competing uses. If the quantity of

  • In many cases, input utilization is appropriately represented as a problem of allocating a given input resource endowment among competing uses. If the quantity of the input resource available does not limit the output that can be generated across all production opportunities, how does one determine the amount of that resource that is dedicated to each production opportunity?

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