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In kessy's old kitchen, he could bake 10 cookies or mix 15 glasses of lemonade in one day. now kessy has a larger oven and refrigerator. how does this impact his production possibility frontier?
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Aug 25, 2019
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In kessy's old kitchen, he could bake 10 cookies or mix 15 glasses of lemonade in one day. now kessy has a larger oven and refrigerator. how does this impact his production possibility frontier?
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Dee S
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Production possibility frontier is the curve that helps in determining the maximum output possibilities for two items and the given inputs and assuming they all the inputs were used efficiently. Kessy's situation would impact the production possibility frontier by increasing it.
Shantice
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