Question: Please be clear with the writing Question 1.3 What would happen to the statically efficient rate of output A) when there is a technical change

 Please be clear with the writing Question 1.3 What would happen

Please be clear with the writing

to the statically efficient rate of output A) when there is a

Question 1.3 What would happen to the statically efficient rate of output A) when there is a technical change in the mode of production such as new satellite-based resource exploration techniques? Draw the graphs. (10 points) B) when there is population growth? (10 points)

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