Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN: 9781305971493
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 3, Problem 4PA
Subpart (a):
To determine
Calculate the opportunity cost .
Subpart (b):
To determine
Draw production possibility frontier .
Subpart (c):
To determine
Specialization and increase in consumption.
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