possibilities frontier. Debate should be on the vertical axis. Label four points on the graph: (A) a point inside the PPF; (B) a point on the PPF where debate is more valued than studying; (C) a point on the PPF where studying is more valued than debate; (D) a point outside the PPF.
Graphically show William's production possibilities frontier. Debate should be on the vertical axis.
Label four points on the graph: (A) a point inside the
Explain the effects of an economy at point A
Explain the effects of an economy at point B
Explain the effects of an economy at point C
Explain the effects of an economy at point at point D (assume that nothing in our economy changes)
Does our PPF experience the law of increasing
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