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There are three areas to a PPF. Draw any PPF you wish, quadratic or linear, for two goods x and y. Describe each of the
There are three areas to a PPF. Draw any PPF you wish, quadratic or linear, for two goods x and y. Describe each of the three areas--- inefficient, efficient, and unattainable and what they mean to output and production. Then, on your PPF draw a dashed line for a new PPF that has experienced economic growth.
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