Why is a typical Production Possibilities Curve bowed outwards?

Anonymous
timer Asked: Sep 30th, 2018
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Why is a typical Production Possibilities Curve bowed outwards? What phenomenon explains its shape and why? (in your own words) More resources: watch the following videos: https://www.youtube.com/watch?v=83m0_pCky50 https://www.youtube.com/watch?v=iEpgSkzXuT8

Tutor Answer

heathrow
School: Boston College

hey buddy, check...

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Anonymous
Excellent job

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