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(Solved): 2. efficiency in the production possibilities model Suppose the fictional country of Teton produces ...
2. efficiency in the production possibilities model
Suppose the fictional country of Teton produces only two goods: rye and harelbags, The following graph plots Tetoris current production pocsibelities frontier, and indudes six different output combinations given bry black points (plus tymbols) labeled A to f.
Complote the following table by indicating whether osch point represents ontput combinathons that are inelficient, efficent, or unuttainubifo. Check . that apoly.