Question: c. Explain why the production possibilities frontier has the shape it does. d. Are any of the allocations calculated in part a inefficient? Explain. e.

c. Explain why the production possibilities frontier has the shape it

c. Explain why the production possibilities frontier has the shape it does. d. Are any of the allocations calculated in part "a" inefficient? Explain. e. Explain about the slope of this diagram and if it is possible calculate the slope at least in one (or more) points

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