lectur12-page18

lectur12-page18 - v In our example the $ value of ag goods...

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18 The PPC Curve v $ value = the sum of the price of each commodity produced times the quantity of each commodity produced.
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Unformatted text preview: v In our example, the $ value of ag. goods + $ value of non-ag goods equals gross domestic product (GDP)....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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