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Subject:applied economics topic:Economic System and Production Possibilities Frontier To summarize what you have learned in the lesson, answer the following questions: 1. What are the

Subject:applied economics topic:Economic System and Production Possibilities Frontier
To summarize what you have learned in the lesson, answer the following questions: 1. What are the four economic systems? 2. What is the production possibilities frontier? 3. How will you give apply the concept of opportunity cost and trade-off in real- life scenario

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