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he PPF for FlingIt, a Frisbee producer, is given below: ...
he PPF for FlingIt, a Frisbee producer, is given below:
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For Flinglt's current work force and factory setup,
Point A is |Infeasible
it:12
Point B is Efficient
Point C is Infeasible
Point D is |Infeasible
b. PPFs are usually bowed outwards because:
that's their comparative advantage.
they are using too many workers. @
the bowed out shape reflects the law of increasing opportunity costs.
O that way there are no opportunity costs.
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Solved by verified expertAnswered by HighnessAtomGorilla28 on coursehero.com
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