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Two candidates, Mr A and Mr B, are running for presidency in Country Z. The people of Country Z can either vote for Mr A
Two candidates, Mr A and Mr B, are running for presidency in Country Z. The people of Country Z can either vote for Mr A or Mr B.
We are interested to study and analyze the total number of votes received by each of the two candidates.
Discuss in detail how we can apply the model of Production Possibility Frontier (PPF) in this case. Your answer should include a well-labeled diagram.
Discuss how the definition of the PPF needs to be adjusted and modified in this situation.
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