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picture1_Production Possibility Curve Pdf 125840 | Lecture 33


picture2_Production Possibility Curve Pdf 125840 | Lecture 33 picture3_Production Possibility Curve Pdf 125840 | Lecture 33

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File: Production Possibility Curve Pdf 125840 | Lecture 33
Production Possibility Curve under Constant and Increasing Costs (note- this lecture is compiled from internet for teaching purpose) A production-possibility curve (Samuelson) in the international trader literature is also known ...

icon picture PDF Filetype PDF | Posted on 11 Oct 2022 | 2 years ago

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...Production possibility curve under constant and increasing costs note this lecture is compiled from internet for teaching purpose a samuelson in the international trader literature also known as substitution haberler indifference lerner transformation it simple device depicting all possible combinations of two goods which nation might produce with given resources slope at any point represents ratio marginal opportunity commodities that cost an extra unit one commodity necessary reduction output other shape depends on assumptions made about may be assumed case amount g up to allow additional d same regardless being produced contrast means every time ever must order provide expanding s rate mkt good release second table each has terms capable producing units diverted increase by level gand mrt result factor equally effective both not more suited than possibilities mm then shows country w particular combination chosen lies points inside such represent outputs less full employment are ther...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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Posted on: 11 Oct 2022 | 2 years ago
										
										
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