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Question
What does the movement from one point to another along a PPC show?
What does the movement from one point to another along a PPC show?
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Solution
The movement along a PPC from one point to another point indicates that more of one good is produced only by giving up production of the other good, assuming that resources are limited and constant.
The movement along a PPC from one point to another point indicates that more of one good is produced only by giving up production of the other good, assuming that resources are limited and constant.
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