Social Studies, 10.03.2022 01:50, peno211
Ruritania produces Widgets and Gizmos. If all of its factors of production are committed to making widgets exclusively, it can make 8 million units each year. If all of its factors are committed to making Gizmos exclusively, it can make 8 million units per year. Ruritania's Ministry of Growth has considered various plans to stimulate economic growth in the kingdom. Adjust the production possibilities frontier (PPF) on the graph to show the impact of a successful plan to provide more on-the-job training.
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Ruritania produces Widgets and Gizmos. If all of its factors of production are committed to making w...
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