98 ble shows the production possibilities for MP3 Players and sneakers in Estonia and Finland. Resources al in production. MP3 players sneakers Estonia 2 3 Finland 6 arate graphs for each country, please draw PPFS for Estonia and Finland.

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Q: c. Sketch the ppf's for both countries.

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Factors of Production

Factors of production – in simple words means the factors that are used for producing any product or service. This includes the resources which are necessary for the manufacturing of products. Factors of production are also known as the building blocks of the economy.