Unit I: Fundamental Principles
Allocative and Productive Efficiency (_____/3) Free-Market and Centrally Planned Economies (_____/3) ... Explain, with examples, how your graph shows 5 concepts: opportunity costs, efficiency, unemployment, the law of increasing opportunity costs, and economic growth. (____/11) 3. Use the PPF-A and PPF-B on the back of this paper to answer the ... ................
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