Business, 13.12.2019 03:31 mtmtcow1122

Suppose russia produces only camcorders and digital cameras. the resources that are used in the production of these two goods are not specialized�that is, the same set of resources is equally useful in producing both digital cameras and camcorders.

1.the shape of russia�s production possibilities frontier (ppf) should reflect the fact that as russia produces more digital cameras and fewer camcorders, the opportunity cost of producing each additional digital camera ( decreases, increases, remains constant) .

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Suppose russia produces only camcorders and digital cameras. the resources that are used in the prod...

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