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Answer to Question #301355 in Microeconomics for Austin lallak

Question #301355

The slope for the Mexico PPF is 1/4 indicating that 4 units of guns are given up for each 1 unit of butter produced


1
Expert's answer
2022-02-23T12:22:40-0500

It is true that in the Mexican PPF slope of a quarter four units of guns are given for each one unit of butter produced because the value of the guns is inversely proportional to the butter produced.


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