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Business, 03.09.2020 03:01 smelcher3900

Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and capital goods, but country 1 produces twice the output of both types of goods compared to country 2. It follows that:.

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Both country 1 and country 2 are located on their respective production possibilities frontiers (PPF...
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