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1. Draw a curve to show the PPF for retailing before the Internet is available Label it. 2. Draw a curve to show the PPF for retailing after the Internet is available and stores began closing Label it

1. Draw a curve to show the PPF for retailing before the Internet is available Label it. 2. Draw a curve to show the PPF for retailing after the Internet is available and stores began closing Label it

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Macy's, Kmart, JCPenney: More Retailers Closing Brick - and - Mortar Stores As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others are closing stores Source: Springfield News - Sun, March 24, 2017 Draw a curve to show the PPF for retailing before the Internet is available. Label it: Draw a curve to show the PPF for retailing after the internet is available and stores began closing. Label it. » Draw only the objects specified in the question.
Transcribed Image Text:Macy's, Kmart, JCPenney: More Retailers Closing Brick - and - Mortar Stores As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others are closing stores Source: Springfield News - Sun, March 24, 2017 Draw a curve to show the PPF for retailing before the Internet is available. Label it: Draw a curve to show the PPF for retailing after the internet is available and stores began closing. Label it. » Draw only the objects specified in the question.
Macy's, Kmart, JCPenney: More Retailers Closing Brick-and-Mortar Stores As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others are closing stores Source: Springfield News-Sun, March 24, 2017 ALLE 1. Draw a curve to show the PPF for retailing before the Internet is available. Label it. 2 Draw a curve to show the PPF for retailing after the Internet is available and stores began closing. Label it. 20- 18- 16- 14- 12- 10- 8- 6- 4- 2- 0 Online retailing (millions of units) 3 5 6 7 8 9 10 Brick and mortar retailing (millions of units) >>> Draw only the objects specified in the question. Q Ly
Transcribed Image Text:Macy's, Kmart, JCPenney: More Retailers Closing Brick-and-Mortar Stores As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others are closing stores Source: Springfield News-Sun, March 24, 2017 ALLE 1. Draw a curve to show the PPF for retailing before the Internet is available. Label it. 2 Draw a curve to show the PPF for retailing after the Internet is available and stores began closing. Label it. 20- 18- 16- 14- 12- 10- 8- 6- 4- 2- 0 Online retailing (millions of units) 3 5 6 7 8 9 10 Brick and mortar retailing (millions of units) >>> Draw only the objects specified in the question. Q Ly
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