Explain how trade can expand the consumption of a society but not the PPF.

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Rahul Sunny answered 1 year ago

How can you determine a pre-trade equilibrium using PPF and indifference curves？

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Explain briefly how the covid 19 can cause a leftwards shift in the PPF of any aconomy?

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Explain how trade can expand the consumption of a society but not the PPF.

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How can you determine a pre-trade equilibrium using PPF and indifference curves？

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1. Briefly explain how we can use the production possibilities frontier (PPF) to explain economic growth .

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