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Principles of Microeconomics (Mind...

8th Edition
N. Gregory Mankiw
ISBN: 9781305971493

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BuyFindarrow_forward

Principles of Microeconomics (Mind...

8th Edition
N. Gregory Mankiw
ISBN: 9781305971493
Textbook Problem

Under what conditions is the production possibilities frontier linear rather than bowed out?

To determine
Linear production possibility frontier.

Explanation

The production possibilities frontier will be linear, if the opportunity cost of producing a good is same the whole time, that ...

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