... 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.
The shape of South Africa’s production possibilities frontier (PPF) should reflect the fact that as South Africa produces more digital cameras and fewer camcorders, the opportunity cost of producing each additional digital camera
Suppose South Africa produces only camcorders and digital cameras. The resources that are used in?
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- 3+ months ago by fovido
- Topics:
- africa, digital, camera, south, production, produce, south africa, camcorder, good, resource
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