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...Review of production theory chapter why understand the determinants what goods and services a country produces efficiently which inefficiently how processes market economy outcomes allocations whether or not they are efficient general equilibrium relationships such as relationship between barriers to trade domestic distribution income possibility frontier position factor endowments real productivities slope relative curvature constant returns scale intensity effects increasing for single competitive producer value marginal product price edgeworth box contract curve maps into ppf implies efficiency point is on establish that tangency prices properties functions total productivity neutral parameter b i ii iii...