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CS 2 PPB - The inverse of the abs slope of the PPB = the...

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Class Supplement # 2 Production Possibilities Boundary COST OF CAP'L COST OF Q Q PER UNIT CAP'L CONS CAP'L COMB'N A B C D E The absolute value of the slope of the PPB = the cost of producing one unit of the horizontal good (capital) in terms of the vertical good (consumer).
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Unformatted text preview: The inverse of the abs. slope of the PPB = the cost of producing 1 unit of the vertical good (consumer) in terms of the horizontal good (capital). d:\econ202\CS\CS 2 PPB.qpw...
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