There five workers in an economy. Each worker can make either four cakes or three shirts per day. Output per worker is independent of the number of the other workers in the same industry.

a$)$ Draw society$$s production possibilities frontier. Indicate the points your diagram in your diagram that show inefficient organization of production.

b$)$ Why are points outside the frontier unattainable?

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a To draw societys production possibilities frontier PPF we need to represent the different combinations of cakes and shirts that can be produced give... View the full answer