Thursday

April 17, 2014

April 17, 2014

Posted by **lou** on Saturday, September 15, 2012 at 7:18pm.

technology of producing forklifts but not in the technology of producing automobiles. Draw the

new production possibilities curve. Now assume that a technological advance occurs in

producing automobiles but not in producing forklifts. Draw the new production possibilities

curve. Now draw a production possibilities curve that reflects technological improvement in the

production of both products.

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