Question: Explain how the following can be represented in a PPF framework: (a) the finiteness of resources implicit in the scarcity condition; (b) choice; (c) opportunity

Explain how the following can be represented in a PPF framework: (a) the finiteness of resources implicit in the scarcity condition; (b) choice; (c) opportunity cost; (d) productive efficiency; and (e) unemployed resources.

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