Production Possibilities Frontier
The following data give the production possibilities of an economy that produces two types of goods, cloth (horizontal axis) and wheat (vertical axis). Production Possibilities Cloth Wheat A 0 105 B 10 100 C 20 90 D 30 75 E 40 55 F 50 30 G 60 0 Graph the production possibilities frontier. Explain why Point D is efficient while Point H is not. ................
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