In Figure 4.5, the slope of the production possibility frontier (the MRT of wine for garbage disposal)
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In Figure 4.5, the slope of the production possibility frontier (the MRT of wine for garbage disposal) is increasing (getting steeper) as garbage disposal decreases and wine increases. Does this make sense? Why?
Figure 4.5
Transcribed Image Text:
Garbage Disposed B E Slope = MRT Production possibilities D Production possibilities frontier C A Wine
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