Suppose the construction of the iron bridge enabled the town to produce more consumption goods. Modify...

 

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Suppose the construction of the iron bridge enabled the town to produce more consumption goods. Modify the graph to reflect the new PPF, then answer the question that follows. Capital Goods Town of Ironbridge PPF Consumption Goods The shift of the PPF indicates an improvement in living standards. unattainable levels of production. Suppose the construction of the iron bridge enabled the town to produce more consumption goods. Modify the graph to reflect the new PPF, then answer the question that follows. Capital Goods Town of Ironbridge PPF Consumption Goods The shift of the PPF indicates an improvement in living standards. unattainable levels of production.

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