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production possiblities curve, Economics, Microeconomics
suppose either computers or televisions can be assembled with the following labor inputs:
units produced: 1 2 3 4 5 6 7 8 9 10
total labor used: 3 7 12 18 25 33 42 54 70 90
Draw the production possibilities curve for an economy with 54 units of labor.
Posted Date: 1/31/2012 12:27:43 AM | Location : United States
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