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Anestetic [448]
3 years ago
15

What are all points on the PPF called?​

Business
1 answer:
jolli1 [7]3 years ago
8 0

Answer:

Production Possibility Frontier (PPF or PPC)

All points inside PPF are inefficient points. These points are attainable (e.g., point U), but they are not using the resources at the fullest.

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structural unemployment

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<u><em>Structural Unemployment</em></u>

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