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Capital stock and PPF shifts

Suppose that the country experiences an increase in its capital stock. How would the edgeworth box change? How would the production possibilities frontier change as a result? Could the could coutry now obligate more of both goods than before the increase in capital stock or more of only the capital intensive good. describe.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M924088

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